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Exercise 15-23 (Algo) Computing inventory balances and cost of goods sold LO P3 A manufacturer...

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Accounting

Exercise 15-23 (Algo) Computing inventory balances and cost of goods sold LO P3 A manufacturer reports the following information at June 30:

Job number Started Completed Sold Cost at June 30

46 April 5 May 25 June 1 $ 1,875

47 May 2 May 30 June 2 725

48. May 21 July 1 July 2. 740

49 June 8 June 29 July 6 685

50 June 19 July 5 July 10 1,060

1. Compute Work in Process Inventory at June 30.

2. Compute Finished Goods Inventory at June 30.

3. Compute cost of goods sold for June.

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