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Ivanhoe Company begins operations on April 1. Information from job cost sheets shows the following: Manufacturing Costs Assigned Job Number April May June Month

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Ivanhoe Company begins operations on April 1. Information from job cost sheets shows the following: Manufacturing Costs Assigned Job Number April May June Month Completed 10 $6,500 $4,600 May 11 4,100 4,100 $3,000 June 12 1,500 April 13 4,900 3,600 June 14 5,600 3,600 Not complete Each job was sold for 25% above its cost in the month following completion.

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