Crane Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs

Crane Company begins operations on April 1. Information from job cost sheets shows the following.

 

 

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Manufacturing Costs Assigned Job Number April May June Month Completed 10 10 $6,300 $6,400 May 11 6,100 5,600 $3,200 June 12 1,900 April 13 6,500 6,100 June 14 6,800 4,600 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) X Your answer is incorrect. What is the balance in Work in Process Inventory at the end of each month? April 30 May 31 June 30 Work in Process Inventory $ LA LA $ +A 16,900 6,800 Manufacturing Costs Assigned Job Number April May June Month Completed 10 10 $6,300 $6,400 May 11 6,100 5,600 $3,200 June 12 1,900 April 13 6,500 6,100 June 14 6,800 4,600 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) X Your answer is incorrect. What is the balance in Work in Process Inventory at the end of each month? April 30 May 31 June 30 Work in Process Inventory $ LA LA $ +A 16,900 6,800