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

Laubitz Company begins operations on Apr.1. Information from job cost sheets shows the following: Manufacturing Costs Assigned Job Number April May June Month Completed 10 $7,500 $4,400 May 11 $4,100 $6,900 $3,000 June 12 $3,200 April 13 $4,700 $9,400 June 14 $4,400 $3,600 Not complete Each job was sold for 25% above its cost in the month following completion. (a) Work in Process Inventory at April 30: $Answer May 31: $Answer (b) Finished Goods Inventory at April 30: $Answer May 31: $Answer (c) Gross Profit for May: $Answer June: $Answer

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