Question: Job-cost records for Peter Construction contained the following data: Compute Peters (1) WIP Inventory at May 31, (2) Finished-Goods Inventory at May 31, and (3)

Job-cost records for Peter Construction contained the following data:

Dates Job No. Started Finished Sold Aprl 19 June 14 June 15

Compute Peter’s

(1) WIP Inventory at May 31,

(2) Finished-Goods Inventory at May 31, and

(3) Cost of Goods Sold for May.

Dates Job No. Started Finished Sold Aprl 19 June 14 June 15 April 26 June 22 June 25 May 6 May 29 May 14 Total Cost of Job at May 31 $8,400 4,800 9,200 8,600 6,700 May 2 May 9 May 14 une 8 une S May 16

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