Question

Root Trailers’ job cost records yielded the following information:

Use the dates in the table to identify the status of each job. Compute the following

balances for Root:

a. Work-in-Process Inventory at July 31

Short answer

Job no. 3 is started on july3 and completed on august 11. Hence, it is work in processas on july 31. Thus, the work in process inventory at July 31 is $6,000

Step-by-step solution

Work in process inventory

Work in process inventory means the inventory that have been partially completed through the manufacturing process.

Work in process inventory as on July 31

Job no.	Started date	Finished date	Work in process as on july 31	Amount
1	June 21	July 16	No	$3,400
2	June 29	July 21	No	13,700
3	July 3	August 11	Yes	6,000
4	July 7	July 29	No	4,400

The work in process inventory of the Root Trailer’s as on July 31 is $6,000 for job no. 3.