4 Exercise 19-22 (Algo) Computing inventory balances and gross profit LO P3 A manufacturer began operations on April 1 and reports the information below. All jobs are sold for 20% above cost. Manufacturing costs May $ 2,160 Job number April Book 1 $840 2 690 nnt 3 1,240 4 515 5 1,888 2,670 440 Job Status at May 31 Completed and sold during May In process Completed but not sold Completed and sold during May erences 3,6401 In process 1. Compute the May 31 balance in (a) Work in Process Inventory and (b) Finished Goods Inventory. 2. Compute gross profit for May. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Compute the May 31 balance in Work in Process Inventory. Work in Process Inventory Total