Solved

Job-Cost Records for Boucher Company Contained the Following Data Required:
A

Question 154

Essay

Job-cost records for Boucher Company contained the following data:
 Date  Date  Date  Total Cost  of Job  job No.  Started  Finished  Sold  at June 30 220 May 18  June 12  June 20 $6,000221 May 20  June 19  June 21 4,000222 June 7  July 5  July 12 7,000223 June 10  June 28  July 1 6,500224 June 19  July 16  July 25 8,000\begin{array} { l l l l c } & \text { Date } & \text { Date } & \text { Date } & \begin{array} { c } \text { Total Cost } \\\text { of Job }\end{array} \\\text { job No. } & \text { Started } & \text { Finished } & \text { Sold } & \text { at June 30 } \\\hline 220 & \text { May 18 } & \text { June 12 } & \text { June 20 } & \$ 6,000 \\221 & \text { May 20 } & \text { June 19 } & \text { June 21 } & 4,000 \\222 & \text { June 7 } & \text { July 5 } & \text { July 12 } & 7,000 \\223 & \text { June 10 } & \text { June 28 } & \text { July 1 } & 6,500 \\224 & \text { June 19 } & \text { July 16 } & \text { July 25 } & 8,000\end{array} Required:
a.Compute WIP inventory at June 30.
b.Compute finished goods inventory at June 30.
c.Compute cost of goods sold for June.

Correct Answer:

verifed

Verified

a.$7,000 + $8,000 = ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents