Crane Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,640 and two jobs in process: Job No. 429 $2,080, and Job No. 430 $1,560. During May, a summary of source documents reveals the following. Job Number 429 430 431 General use Materials Requisition Slips $2,600 3,640 4,600 $10,840 880 $11,720 Labor Time Tickets $2,000 3,120 7,900 $13,020 1,200 $14,220

Crane Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,640 and two jobs in process: Job No, 429$2,080, and Job No 430$1,560. During May, a summary of source documents reveals the following. Crane Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,640 and two jobs in process: Job No, 429$2,080, and Job No 430$1,560. During May, a summary of source documents reveals the following