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This is only the information that was given.

EnginePro, Inc., reconditions engines. Its job order costing records yield the following information.
EnginePro uses a perpetual inventory system.

Total
Total Cost of Manufacturing
Job Date Job at Costs Added
No. Started Finished Sold March 31 in April

1 2/26 3/7 3/9` $1,400


2 2/3 3/12 3/13 1,600
3 3/29 3/31 4/1 1,300
4 3/31 4/1 4/1 500 $ 400
5 4/8 4/12 4/14 700
6 4/23 5/6 5/9 1,200

Requirements

1.Using the dates above to identify the status of each job, compute EnginePro’s account balance at
March 31 for Work in Process Inventory, Finished Goods Inventory, and Cost of Goods Sold. Compute
account balances at April 30 for Work in Process Inventory, Finished Goods Inventory, and Cost of Goods
Sold.
2. Make summary journal entries to record the transfer of completed jobs from Work in Process to
Finished Goods for March and April.
3. Record the sale of Job 5 for $1,600
4. Compute the gross profit for Job 5. What costs must the gross profit cover/

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