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Questior 3 Not complete Marked out of 5.00 P Flag question Support Perpetual Inventories The following summary data are from the job order cost sheets
Questior 3 Not complete Marked out of 5.00 P Flag question Support Perpetual Inventories The following summary data are from the job order cost sheets of Hampton Company: Dates Total costs Assigned Total Production Job Started Finished Shipped at April 30 Costs Added in May 4/10 4/205 /9 $7,300 4/18 4/30 5/20 5,400 4/24 5/10 5/25 2,900 $5,700 4/28 5/20 6/3 3,600 4,800 5/15 6/10 6/20 2,600 5/22 6/18 6/28 3,800 Using the above data, compute (a) the finished goods inventory at May 1 and May 31, (b) the work in process inventory at May 1 and May 31, and (c) the cost of goods sold for May. Hampton began operations with Job 1. a. Finished goods inventory at May 1: S O Finished goods inventory at May 31: S 0 b. Work in process inventory at May 1: 5 0 Work in process inventory at May 31: S C. Cost of goods sold for May: S 0 Check
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