Exercise 15-10 (Part Level Submission) Case B

Exercise 15-10 (Part Level Submission) Tierney Company begins operations on April 1. Information from job cost sheets shows the following Manufacturing Costs Assigned Job Number Month Completed April May June $5,900 5,300 2,200 10 May $2,700 June April 5,700 June $6,200 5,800 12 13 14 5,800 6,900 4,000 Not complete 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 What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory April 30 May 31 June 30 Click if you would like to Show Work for this question: Attempts: 0 of 7 used