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Tierney Company begis operations on April 1. Information from a cost sheets show the following Job Number Manufacturing Costs Assigned Month May . June Completed
Tierney Company begis operations on April 1. Information from a cost sheets show the following Job Number Manufacturing Costs Assigned Month May . June Completed April 10 55.700 $6.100 May 11 4,200 5.300 $2.900 June 12 2000 April 13 6,700 6.500 June 6.900 4,000 Not complete Job 12 was completed in April, Job 10 was completed in May fobs 11 and 13 were completed in June. Eachjob 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 5 April 30 9900 May 31 $ 23100 $ 10900 June 30 (b) What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory April 30 $ May 31 $ June 30 A e Textbook and Media Attempts: 0 of 5 used Stue for Later
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