P20-1B Office Solutions refurbishes photocopy machines and sells them on the Web. Its job cost records yield the following information. Office Solutions uses a perpetual inventory system. Total Manufacturing Cost Added in April Total Cost of Job at March 31 -234 2/26 3/7 3/9 $1,400 2/3 3/12 3/13 1.600 3/29 3/31 4/3 1,300 3/31 4/1 4/1 500 $ 400 5 3/17 4/24 4/27 500 1.500 6 4/8 4/12 4/14 700 7 4/23 516 5/9 1.200 8 4/30 5/22 5/26 600 Required 1. Compute Office Solutions' cost of

(a) work in process inventory at March 31 and April 30.

(b) finished goods inventory at March 31 and April 30, and

(c) cost of goods sold for March and April. 2. Make summary journal entries to record the transfer of completed units from work in process to finished goods for March and April. 3. Record the sale of Job 5 for $3.800. 4. Compute the gross profit for Job 5. What costs must the gross profit cover?