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View Policies Show Attempt History Current Attempt in Progress Tierney Company begins operations on April 1....


View Policies Show Attempt History Current Attempt in Progress Tierney Company begins operations on April 1. Information from
(b) What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory April 30 $ May 31 $ Ju
View Policies Show Attempt History Current Attempt in Progress Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 Manufacturing Costs Assigned Month April May June Completed $5,300 $4,800 May 6,100 4,900 $2,200 June 2,300 April 5.100 5,000 June 6,800 4,600 Not complete 11 12 13 14 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.
(b) What is the balance in Finished Goods Inventory at the end of each month? Finished Goods Inventory April 30 $ May 31 $ June 30 $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer
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Job June Accumulate Costs April May 5300 6100 11000 10 11 12 13 14 5100 6800 22900 11400 11400 11400 Solution Finished Goods

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