Spikes Sports Manufacturing Company uses a job order costing system to account for its production of specialty golf accessories.On May 31 the company reported the following balances in its inventory accounts: $45,000 in Raw Materials Inventory, $25,000 in Work in Process Inventory, and $15,000 in Finished Goods Inventory.On May 31, the total of all open job order cost sheets is

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The total of all open job order cost sheets will only include the balance in the Work in Process Inventory account, which is $25,000. Raw Materials Inventory and Finished Goods Inventory are not relevant to this calculation as they do not represent the cost of products that are currently being worked on in the manufacturing process.

Spikes Sports Manufacturing Company Uses a Job Order Costing System