manufacturer began operations on April 1 and reports the information below. All jobs are sold for 20% above cost. Job number Manufacturing costs Job Status at May 31 April May 1 $ 910 $ 2,230 Completed and sold during May 2 760 1,950 In process 3 1,310 2,740 Completed but not sold 4 585 510 Completed and sold during May 5 - 3,710 In process

1. Compute the May 31 balance in (a) Work in Process Inventory and (b) Finished Goods Inventory. 2. Compute gross profit for May.