Shen Company reports the costs incurred below for the month ended May 31. The company has no beginning Work in Process Inventory. Overhead is applied using a predetermined overhead rate of 120% of direct materials costs. Job 4 was completed and Job 5 is still in process at month-end. Prepare a schedule of cost of goods manufactured for the month.

	Job 4	Job 5
Direct Materials Used	1,500	1,000
Direct Labor Used	2,100	200

Shen Company reports the costs incurred below for the month ended May 31. The company has no beginning Work in Process Inventory. Overhead is applied using a predetermined overhead rate of 120% of direct materials costs. Job 4 was completed and Job 5 is still in process at month-end. Prepare a schedule of cost of goods manufactured for the month. Job 4 Job 5 Direct materials used $ 1,500 $ 1,000 Direct labor used 2,100 200 I irect materials used '- Add: Work in process inventory, beginning