Laubitz 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		$4,400				May
11		4,100		3,900		$3,000		June
12		1,200						April
13				4,700		3,400		June
14				5,400		3,600		Not complete

Each job was sold for 25 % above its cost in the month following completion.

IE

Calculate the balance in Work in Process Inventory at the end of each month.

Work in Process Inventory
April 30		$?
May 31		$?
June 30		$?

Calculate the balance in Finished Goods Inventory at the end of each month.

Finished Goods Inventory
April 30		$?
May 31		$?
June 30		$?

IE

Calculate the gross profit for May, June, and July. (Round answer to the nearest whole dollar, e.g. 5,275.)

Month		Gross Profit
May		$?
June		$?
July		$?