The job order cost sheets used by Greene Company revealed the following: ...
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Accounting
- The job order cost sheets used by Greene Company revealed the following:
Job. No. Bal., May 1 May Production Costs 134 $ 2450 $ 0 135 1950 450 136 0 1050
Job No. 135 was completed during May and Jobs No. 134 and 135 were shipped to customers in May. What was the company's cost of goods sold for May and the balance of Work in Process inventory on May 31? $4850; $1050.
$4400; $1950.
$2450; $1500.
$5900; $0.
$1950; $4400.
| Job. No. | Bal., May 1 | May Production Costs | |||||||
| 134 | $ | 2450 | $ | 0 | |||||
| 135 | 1950 | 450 | |||||||
| 136 | 0 | 1050 | |||||||
| $4850; $1050. | ||
| $4400; $1950. | ||
| $2450; $1500. | ||
| $5900; $0. | ||
| $1950; $4400. |
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