Tiger Company uses Job-order costing. At the end of themonth, the following data was gathered:
Job# TotalCost Complete? Sold?
429 $409 NO NO
430 $513 YES NO
431 $115 NO NO
432 $790 YES YES
433 $650 YES NO
434 $540 NO NO
435 $90 NO NO
436 $970 YES YES
437 $179 NO NO
438 $400 NO NO
Tiger's selling price is cost plus 50% for each of its houses.
A. What is Cost of Goods Sold for the month?
B. What is the total in the Work-in-Process account?
C. What is the total in Finished Goods?
D. What is the selling price of Job 436?
---Should I add cost plus 50% for each house before solving orshould I just add cost plus 50% to Job 436? Please help!!