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The job order cost sheets used by Greene Company revealed the following: Job. No.Bal., May 1May Production Costs134$2,550$01352,05047013601,070 Job No. 135 was completed during May

The job order cost sheets used by Greene Company revealed the following:

Job. No.Bal., May 1May Production Costs134$2,550$01352,05047013601,070

Job No. 135 was completed during May and Jobs No. 134 and 135 were shipped to customers in May. What was the company's cost of goods sold for May and the balance of Work in Process inventory on May 31?

Multiple Choice

  • $6,140; $0.
  • $2,550; $1,580.
  • $5,070; $1,070.
  • $2,050; $4,600.
  • $4,600; $2,050.

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