Current Attempt in Progress $($b$)$

What is the balance in Finished Goods Inventory at the end of each month?

April $30$$

May $31,$$

June $30,$$

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Attempts: $0$ of $3$ used

Using multiple attempts will impact your score.

$10\%$ score reduction after attempt $2$

$($c$)$

What is the gross profit for May, June, and July?

Attempts: $0$ of $3$ used

Sheridan Company begins operations on April $1.$ Information from job cost sheets shows the following.

Job $12$ was completed in April. Job $10$ was completed in May. Jobs $11$ and $13$ were completed in June. Each job was sold for $25\%$ above

its cost in the month following completion.

$($a$)$

Your Answer

Correct Answer $($Used$)$

Your answer is partially correct.

What is the balance in Work in Process Inventory at the end of each month?