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CI $ Morrow Corporation had only one job in process during May-Job X322-and had no finished goods inventory on May 1. Job X322 was started

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CI $ Morrow Corporation had only one job in process during May-Job X322-and had no finished goods inventory on May 1. Job X322 was started in April and finished during May. Data concerning that job appear below: Job X322 Beginning balance 6,400 Charged to the job during May Direct materials 11,200 Direct labor 3,400 Manufacturing overhead applied 5,400 Units completed 240 Units in process at the end of May @ Units sold during May 110 $ $ $ In May, overhead was overapplied by $440. The company adjusts its cost of goods sold every month for the amount of the overhead that was underapplied or overapplied Required: 1. Using the direct method, what is the cost of goods sold for May? Cost of goods sold 2. What is the total value of the finished goods inventory at the end of May? Total cost of ending finished goods inventory Requireu. . 1. Using the direct method, what is the cost of goods sold for May? Cost of goods sold 20 2. What is the total value of the finished goods inventory at the end of May? Total cost of ending finished goods inventory s 3. What is the total value of the work in process inventory at the end of May? Ending work in process inventory

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