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
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?
\table[[1. Cost of goods sold,],[2. Ending finished goods inventory,],[3. Ending work in process inventory,]]
2-5] Morrow Corporation had only one job in process during May-Job X32Z-and

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