Homework Answers
| Work in process | |||
| Apr-30 | |||
| Job 10 | 5700 | ||
| Job 11 | 5600 | ||
| Total | 11300 | ||
| May-31 | |||
| Job 11 | 9700 | (5600+4100) | |
| Job 13 | 4900 | ||
| Job 14 | 6400 | ||
| Total | 21000 | ||
| Jun-30 | |||
| Job 14 | 10700 | ||
| Finished goods inventory | |||
| Apr-30 | |||
| Job 12 | 1700 | ||
| May-31 | |||
| Job 10 | 10300 | (5700+4600) | |
| Jun-30 | |||
| Job 11 | 11900 | (5600+4100+2200) | |
| Job 13 | 10100 | (4900+5200) | |
| Gross profit | |||
| May | |||
| Job 12 | 425 | (1700*25%) | |
| June | |||
| Job 10 | 2575 | (10300*25%) | |
| July | |||
| Job 11 | 2975 | (11900*25%) | |
| Job 13 | 2525 | (10100*25%) | |
| Total | 5500 | ||
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Tierney Company begins operations on April 1. Information from job cost sheets shows the following Job...
Exercise 15-10 Tierney Company begins operations on April 1. Information from job cost sheets shows the...
Exercise 15-10 Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April May June Completed $7,200 $5,700 May 5,700 4,300 $3,600 June 1,600 April 6,000 5,500 June 6,100 3,800 Not complete Job 12 was completed in April, Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. What is the...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number Month Completed April May June $5,500 6,100 1,600 $5,400 4,100 $3,500 May June April June Not complete 6,400 6,300 4,600 4,200 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. What is the balance in...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April May June Completed 10 $6,900 $6,100 May 11 5.900 4.600 $2.800 June 1.900 April 6,600 5.700 June 6,000 3,900 Not complete 12 What is the balance in Work in Process Inventory at the end of each month Work in Process Inventory April 30 May 31 June 30 LINK TO TEXT LINK TO TEX What is the balance in...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number April May June Month Completed 10 $7,100 $6,400 May 11 5,900 5,900 $3,300 June 12 1,500 April 13 6,500 6,100 June 14 6,800 4,000 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
Job Exercise 2-10 (Video) Tierney Company begins operations on April 1. Information from job cost sheets...
Job Exercise 2-10 (Video) Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Month Number April May June Completed $7,200 $5,700 May 5,700 4,300 $3,600 June 1,600 April 6,000 5,500 June 6,100 3,000 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. What is...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April Complet May June $5,300 $4,800 May 10 6,100 4,900 $2,200 June 11 2,300 12 April 13 5,100 5,000 June 6,800 4,600 Not comp 14 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April MayJune Completed 10 $6,800 $5,000 11 6,000 5,300 $ 2.600 June 12 13 14 May 2,300 April 5,300 5,600 June 6,600 4,600 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
Tiemney Company begins operations on April 1. Information from job cost sheets shows the following Job...
Tiemney Company begins operations on April 1. Information from job cost sheets shows the following Job Number April $5,700 5,600 1,700 Manufacturing Costs Assigned Month May June Completed $4,600 May 4,100 $2,200 June April 4,900 5,200 June 6,400 4,300 Not complete Job 12 was completed in April Job 10 was completed in May, Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion What is the balance in...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 Manufacturing Costs Assigned Month April May June Completed $7,100 $4,900 May 4,300 5,100 $2,200 June 2,200 April 6,600 5,700 June 6,200 4,700 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. (a) - Your answer...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 April $5,700 5,800 1,500 Manufacturing Costs Assigned Month May June Completed $5,900 May 5,400 $3,000 June April 4,900 5,300 June 7,000 3.700 Not complete 11 12 13 14 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
Exercise 15-10 Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April May June Completed $7,200 $5,700 May 5,700 4,300 $3,600 June 1,600 April 6,000 5,500 June 6,100 3,800 Not complete Job 12 was completed in April, Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. What is the...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number Month Completed April May June $5,500 6,100 1,600 $5,400 4,100 $3,500 May June April June Not complete 6,400 6,300 4,600 4,200 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. What is the balance in...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April May June Completed 10 $6,900 $6,100 May 11 5.900 4.600 $2.800 June 1.900 April 6,600 5.700 June 6,000 3,900 Not complete 12 What is the balance in Work in Process Inventory at the end of each month Work in Process Inventory April 30 May 31 June 30 LINK TO TEXT LINK TO TEX What is the balance in...
Job Exercise 2-10 (Video) Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Month Number April May June Completed $7,200 $5,700 May 5,700 4,300 $3,600 June 1,600 April 6,000 5,500 June 6,100 3,000 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. What is...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April Complet May June $5,300 $4,800 May 10 6,100 4,900 $2,200 June 11 2,300 12 April 13 5,100 5,000 June 6,800 4,600 Not comp 14 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Month Number April MayJune Completed 10 $6,800 $5,000 11 6,000 5,300 $ 2.600 June 12 13 14 May 2,300 April 5,300 5,600 June 6,600 4,600 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
Tiemney Company begins operations on April 1. Information from job cost sheets shows the following Job Number April $5,700 5,600 1,700 Manufacturing Costs Assigned Month May June Completed $4,600 May 4,100 $2,200 June April 4,900 5,200 June 6,400 4,300 Not complete Job 12 was completed in April Job 10 was completed in May, Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion What is the balance in...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 Manufacturing Costs Assigned Month April May June Completed $7,100 $4,900 May 4,300 5,100 $2,200 June 2,200 April 6,600 5,700 June 6,200 4,700 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. (a) - Your answer...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 April $5,700 5,800 1,500 Manufacturing Costs Assigned Month May June Completed $5,900 May 5,400 $3,000 June April 4,900 5,300 June 7,000 3.700 Not complete 11 12 13 14 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
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