rcise 15-22 (Algo) Computing inventory balances and gross profit anufacturer began operations on April 1 and reports the information below. All jobs a Job number 1 2 3 4 5 Manufacturing costs April May $ 940 $ 2,260 790 1,980 1,340 2,770 615 540 3,740 Job Status at May 31 Completed and sold during May In process Completed but not sold Completed and sold during May In process Compute the May 31 balance in (a) Work in Process Inventory and (b) Finished Goods Compute gross profit for May. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2 Compute the May 31 balance in Work in Process Inventory. Work in Process Inventory Total rcise 15-22 (Algo) Computing inventory balances and gross profit anufacturer began operations on April 1 and reports the information below. All jobs a Job number 1 2 3 4 5 Manufacturing costs April May $ 940 $ 2,260 790 1,980 1,340 2,770 615 540 3,740 Job Status at May 31 Completed and sold during May In process Completed but not sold Completed and sold during May In process Compute the May 31 balance in (a) Work in Process Inventory and (b) Finished Goods Compute gross profit for May. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2 Compute the May 31 balance in Work in Process Inventory. Work in Process Inventory Total