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Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty ...
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Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty ...
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 Inventory
612,320
Finished Goods Inventory
744,350
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:
4
th
Author:
Davis
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$612,320.
Only jobs in Work in Process are considered open.
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tsk
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This helped my grade so much
big_larry_samp
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Correct
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