A manufacturer began operations on April 1 and reports the information below. All jobs are sold for 20% above cost. Manufacturing costs. Job number 1 2 3 4 5 April $ 850 700 May $ 2,170 1,890 1,250 525 2,680 Job Status at May 31 Completed and sold during May In process Completed but not sold 450 3,650 Completed and sold during May 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.