Problem 5-48 Calculating Ending Work in Process, Income Statement Pavlovich Prosthetics Company…
Problem 5-48 Calculating Ending Work in Process, Income Statement
Pavlovich Prosthetics Company produces artificial limbs for individuals. Each prosthetic is unique. On January 1, three jobs, identified by the name of the person being fitted with the prosthetic, were in process with the following costs:
Carter Pelham Tillson
|Direct materials||$ 210||$ 615||$1,290|
During the month of January, two more jobs were started, Jasper and Dashell. Materials and labor costs incurred by each job in January are as follows:
Materials Direct Labor
|Carter||$ 600||$ 300|
Tillson and Jasper’s prosthetics were completed and sold by January 31.
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