Question: Exercise 2 - 5 ( Static ) Calculating Ending Inventories and Cost of Goods Sold [ LO 2 - 5 ] Morrow Corporation had only

Exercise 2-5(Static) Calculating Ending Inventories and Cost of Goods Sold [LO 2-5]
Morrow Corporation had only one job in process during May_Job X32Z-and had no finished goods inventory on May 1. Job X32Z
was started in April and finished during May, Data concerning that job appear below:
The company's total manufacturing overhead applied always equals its total actual manufacturing overhead.
Required:
What is the cost of goods sold for May?
What is the total value of the finished goods inventory at the end of May?
What is the total value of the work in process inventory at the end of May?
Exercise 2-5(Static) Calculating Ending Inventories and Cost of Goods Sold [LO

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