Question

The job order cost sheets used by Greene Company revealed the following:    Job. No. Bal.,...

The job order cost sheets used by Greene Company revealed the following:

  

Job. No. Bal., May 1 May Production Costs
134 $ 1,850      $ - - -               
135 1,350      330               
136 - - - -      930               

  

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 Work in Process inventory on May 31?

Multiple Choice

  • $3,200; $1,350.

  • $1,350; $3,200.

  • $4,460; $0.

  • $3,530; $930.

  • $1,850; $1,020

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Answer #1

Correct Answer for this question is option four $3530;$930 Since only Jobs Nos 134 & 135 were being sold to customers during

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