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Tierney Company begins operations on April 1. Information from job cost sheets shows the following Manufacturing Costs Assigned Job Number Month Completed April May June
Tierney Company begins operations on April 1. Information from job cost sheets shows the following Manufacturing Costs Assigned Job Number Month Completed April May June $7,100 4,300 2,200 10 May $2,200 June April 5,700 June $4,900 5,100 12 13 14 6,600 6,200 4,700 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 25% above its cost in the month following completion (a) Your answer is correct What is the balance in Work in Process Inventory at the end of each month? Work in Process Inventory April 30 11400 May 31 22200 June 30 10900 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER Attempts: 1 of 1 used (b) What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory April 30 May 31 June 30
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