9 Cullumber Company begins the month of March with $14,280 of Work in Process Inventory from...
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9 Cullumber Company begins the month of March with $14,280 of Work in Process Inventory from Job 324. Information from job cost sheets shows the following additional costs assigned during March, April, and May of 2022: Manufacturing Costs Assigned Job No. March April May 324 $21.840 325 16,800 $23,520 $12,600 326 34,440 9,240 327 328 13,440 32,760 28,560 42,840 Job 324 was completed in March. Jobs 325 and 327 were completed in May, and Job 326 was completed in April. Jobs are sold during the month after completion. Total revenue for jobs sold during the 3-month period is $121,800. Calculate the balance of the Work in Process Inventory accounts at the end of May. Job 328 Work in Process Inventory Accounts 9 Cullumber Company begins the month of March with $14,280 of Work in Process Inventory from Job 324. Information from job cost sheets shows the following additional costs assigned during March, April, and May of 2022: Manufacturing Costs Assigned Job No. March April May 324 $21.840 325 16,800 $23,520 $12,600 326 34,440 9,240 327 328 13,440 32,760 28,560 42,840 Job 324 was completed in March. Jobs 325 and 327 were completed in May, and Job 326 was completed in April. Jobs are sold during the month after completion. Total revenue for jobs sold during the 3-month period is $121,800. Calculate the balance of the Work in Process Inventory accounts at the end of May. Job 328 Work in Process Inventory Accounts
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