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katrin2010 [14]
3 years ago
12

Tierney Company begins operations on April 1. Information from job cost sheets shows the following.

Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

April 30 Work in Process Inventory $11,200

May 31 Work in Process Inventory $22,300

June 30 Work in Process Inventory $11,100

Explanation:

Calculation for the balance in Work in Process Inventory at the end of each month

April 30 Work in Process Inventory=$6,200+$5,000

April 30 Work in Process Inventory=$11,200

May 31 Work in Process Inventory =$5,000+$ 4,700+$5,600+$7,000

May 31 Work in Process Inventory =$22,300

June 30 Work in Process Inventory= $7,000 + $4,100

June 30 Work in Process Inventory= $11,100

Therefore the balance in Work in Process Inventory at the end of each month will be :

April 30 Work in Process Inventory $11,200

May 31 Work in Process Inventory $22,300

June 30 Work in Process Inventory $11,100

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When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly
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3 years ago
Steven's Co. provides the following sales forecast for the next three months: July August September Sales units 5,000 5,700 5,56
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d. 5,175 units.

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3 years ago
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