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Tierney Company begins operations on April 1. Information from job cost sheets shows the following.
Manufacturing Costs Assigned |
||||||||
Job |
|
|
|
Month |
||||
10 | $7,100 | $4,900 | May | |||||
11 | 4,300 | 4,900 | $3,700 | June | ||||
12 | 1,400 | April | ||||||
13 | 4,800 | 6,600 | June | |||||
14 | 6,700 | 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.
Tierney Company begins operations on April 1. Information from job cost sheets shows the following.
Manufacturing Costs Assigned |
||||||||
Job |
|
|
|
Month |
||||
10 | $7,100 | $4,900 | May | |||||
11 | 4,300 | 4,900 | $3,700 | June | ||||
12 | 1,400 | April | ||||||
13 | 4,800 | 6,600 | June | |||||
14 | 6,700 | 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.
(a)
New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.
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 |
$ |
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How is my question incomplete? I am posting straight from H.W. website for you to help....
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. Manufacturing Costs Assigned Job Number April May June Month Completed 10 $ 5,700 $ 4,600 May 11 5,600 4,100 $ 2,200 June 12 1,700 April 13 4,900 5,200 June 14 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...
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...
View Policies Show Attempt History Current Attempt in Progress 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 $5,300 $4,800 May 6,100 4,900 $2,200 June 2,300 April 5.100 5,000 June 6,800 4,600 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...
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....
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 $6,300 $6,400 May 11 6,100 5,600 $3,200 June 12 1,900 April 13 6,500 6,100 June 14 6,800 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....
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number April May June Completed 10 $5,200 $4,400 May 11 4,100 3,900 $2,000 June 12 1,200 April 13 4,700 4,500 June 14 5,900 3,600 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. Instructions...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following Job Number June 10 April $5,700 5,600 1,700 Manufacturing Costs Assigned Month May Completed $4,600 May 4,100 $2,200 June April 4,900 5,200 June 4,300 Not complete 12 14 6,400 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....