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Exercise 15-10 Tiemey Company begins operations on April 1. Information from job cost sheets shows the following. g Costs Assigned Job Number Apri May June
Exercise 15-10 Tiemey Company begins operations on April 1. Information from job cost sheets shows the following. g Costs Assigned Job Number Apri May June $7.200 $5,700 May 5,700 4,300 S3,600 June April 6,000 5,500 June 10 12 13 14 1,600 6,100 3,800 Not complete Job 12 was completed in Apnil. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold fon 25% above its cost in the month following completion. What is the balance in Work in Process Inventory at the end of each month? Work in Process Inventory April 30 May 31 June 30 What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory April 30 May 31 June 30 What is the gross profit for May, June, and July? Gross Profit May June Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 15 used
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