4 The Darvish Company has the fellowing job cost sheets ea file. They represent

Question

4 The Darvish Company has the fellowing job cost sheets ea file. They represent jobs dat have ba worked on during the wath of April. This table summariees information previded on ach sheet: Number Total Cost Incurred Status of Job 344 545 546 547 548 549 550 551 552 553 $15,050 Finisbed and delivered $22,400 Finished and delivered $7,500 Finished and uasold $4,000 Finished and delivered $33,000 Unfinished $62,000 Finished and unsold $14,500 Unfinisbed 522,000 Finished and deiverd $3. 500 Finished and unold $1,000 Unfinished (a) What is the cost of goods sold for the month of April? (b) What is the cost of the Work in Process inventory es April 30 (c) What is the cost of the finished zoods inventory on April 30? Check Cast of FG inventery sboukd be a namber greater than $72,000. (3 points total

Explanation / Answer

a) Cost of good sold= Total cost of finished and delivered goods
=$15050+$22400+$4000+$22000=$63450

b) Cost of work in process inventory=cost of all unfinished goods=$33000+$14500+$1000=$48500

c) Cost of finished goods inventory=cost of all the goods finished but not delivered=$7500+$62000+$3500=$73000

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