Question

The job order cost sheets used by Greene Company revealed the following:
Job. No. Bal., May 1 May Production Costs
134 $1,700 $ 0
135 1,200 300
136 0 900

Job No. 135 was completed during May and Jobs No. 134 and 135 were shipped to customers in May. What was the company's cost of goods sold for May and the Work in Process inventory on May 31?
A.$3,200; $ 900.
B.$2,900; $1,200.
C.$1,200; $2,900.
D.$1,700; $1,200.
E.$4,100; $ 0.

Answer

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