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Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 11 12 13 14 April $6,800 6,000
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 11 12 13 14 April $6,800 6,000 2,300 Manufacturing Costs Assigned Month May June Completed $5,000 May 5,300 $2,600 June April 5,300 5,600 June 6,600 4,600 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Eachjob was sold for 25% above its cost in the month following completion (a) What is the balance in Work in Process Inventory at the end of each month? Work in Process Inventory April 30$ May 31 $ June 30 $
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