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Crane Company begins operations on April 1 . Information from job cost sheets shows the following. table [ [ , Manufacturing Costs Assigned ]
Crane Company begins operations on April Information from job cost sheets shows the following.
tableManufacturing Costs AssignedtableJobNumberApril,May,June,tableMonthCompleted$$May$JuneAprilJuneNot complete
Job was completed in April. Job was completed in May. Jobs and were completed in June. Each job was sold for above its cost in the month following completion.
c
What is the gross profit for May, June, and July?
tableGross ProfitMay$June$July$
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