Job Exercise 2-10 (Video) Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Month Number April May June Completed $7,200 $5,700 May 5,700 4,300 $3,600 June 1,600 April 6,000 5,500 June 6,100 3,000 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 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 LINK TO TEXT LINK TO TEXT VIDEO: STHILAR EXERCISE What is the gross profit for May, June, and July? Gross Profit June Click if you would like to Show Work for this questions Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: STRLAR EXERCISE