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tsk tsk
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2 months ago
Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty patio furniture. On June 30, the company had the following balances in its accounts:

Raw Materials Inventory$142,680
Work in Process Inventory612,320
Finished Goods Inventory744,350

On June 30, the total of all open job cost sheets would be

▸ $755,000.

▸ $612,320.

▸ $601,680.

▸ $469,640.
Textbook 

Managerial Accounting


Edition: 4th
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Ludacris2065Ludacris2065
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2 months ago
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$612,320.

Only jobs in Work in Process are considered open.
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