Using the dates provided to identify the status of each job, compute Stratton's account balances at September 30for Work in process inventory, Finished goods inventory, and Cost of goods sold. Compute account balances at October 31 for Work in process inventory, Finished goods inventory and Cost of goods sold. Prepare September schedule first, followed by October schedule. Data Table:
Total
Total Manufacturing
Job Date Cost of Job Costs Added
No. Started Finished Sold at September 30 in October
1 9/3 9/12 9/13 $1,900
2 9/3 9/30 10/1 1,100
3 9/17 10/24 10/27 700 $1,400
4 9/29 10/29 11/3 1,200 1,300
5 10/8 10/12 10/14 550
6 10/23 11/6 11/9 500