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Heritage Company uses a job-order costing system to assign costs to jobs it had no work in process or finished goods invertories on hand at

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Heritage Company uses a job-order costing system to assign costs to jobs it had no work in process or finished goods invertories on hand at the beginning of May. The table below provides data concerning the only the jobs worked on in May: Jobs X and Y were completed in May, however, onty 150 of the 200 unlis included in Job X were sold in May, whereas all 100 of Job Y's units were sold in May. Job Z was not completed by the end of the monthi Overhead costs are applied to jobs based on direct labor-hours, and the predetermined overhead rate Is 545 per direct labor-hour. The company's total applied overhead always equals its totat actual overhead. Required: 1. Compute the amount of overhead cost that would have been applied to each job during May. 2. Compute the work in process imventory that would be reported in the company's. May 31 balance sheet. 3. Compute the finished qoods inventory that would be reported in the compeny's May 31 balarice sheet. 4. Compute the cost of goods sold that would be reported in the company's income statement for May. mpute the finished goods inventory that would be reported in the company's May 31 balance sh Complete this question by entering your answers in the tabs below. Compute the cost of goods sold that would be reported in the company's income statement for May

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