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Crane Company begins operations on April 1. Information from job cost sheets shows the following: Manufacturing Costs Assigned Job Number April May June Month Completed
Crane Company begins operations on April 1. Information from job cost sheets shows the following: Manufacturing Costs Assigned Job Number April May June Month Completed 10 $6,600 $4,600 May 11 4,400 4,200 $3,100 June 12 1,200 April 13 4,700 3,400 June 14 5,500 3,700 Not complete Each job was sold for 25% above its cost in the month following completion. Calculate the balance in Work in Process Inventory at the end of each month. Work in Process Inventory April 30 $ May 31 $ June 30 $
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