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Expedition Company worked on five jobs during May: Jobs A 1 0 , B 2 0 , C 3 0 , D 4 0 ,
Expedition Company worked on five jobs during May: Jobs A B C D and E At the end of May, the job cost sheets for these five jobs contained the following data:tableJob AJob BJob CJob DJob EBeginning balance,$$$$$
Expedition Company worked on five jobs during May: Jobs A10, B20, C30, D40, and E50. At the end of May, the job cost sheets for these five jobs contained the following data: Beginning balance Job A10 $ 243 Job B20 $ 260 Job C30 Job D40 Job E50 $ 234 $ 216 $ 270 Charged to the jobs during May: Direct materials $ 280 $ 260 $ 310 $ 195 $ 390 Direct labor $ 260 $ 270 $ 165 $ 290 $ 320 Manufacturing overhead applied $ 287 $ 300 $ 121 $ 224 $ 280 Units completed Units sold during May 290 0 0 0 135 135 0 0 320 270 Jobs A10, C30, and E50 were completed during May. Jobs B20 and D40 were incomplete at the end of May. There was no finished goods inventory on May 1, and the company's total manufacturing overhead applied always equals its total actual manufacturing overhead. Required: 1. What is the cost of goods sold for May? 2. What is the total value of the finished goods inventory at the end of May? 3. What is the total value of the work in process inventory at the end of May? Note: Round your intermediate calculations to 2 decimal places. Cost of goods sold for May Finished goods inventory at the end of May Work in process inventory at the end of May
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