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Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number April May June Month Completed
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number April May June Month Completed $6,400 $5,100 10 May 5,700 4,500 $3,300 June April 1,900 13 5,400 4,600 June 14 5,900 4,300 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 28% above its cost in the month following completion What is the balance in Work in Process Inventory at the end of each month? Work in Process inventory at the end of April Work in Process Inventory at the end of May Work in Process Inventory at the end of June What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory at the end of April Finished Goods Inventory at the end of May Finished Goods Inventory at the end of June
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