Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Job Number 10 11 12 13 14 April May $5,700 $5,800 4,700 Manufacturing Costs Assigned 2,100 June 6,300 6,600 4,100 $4,000 Month Completed May June April 4,600 June 3,800 Not complete

Job cost sheets show the following information: Job January February March Completed Sold AA2 $2500 $1200   February not sold AA4 $4838     January february AA5   $3250   February march AA3   $3409 $2319 april not sold Total $7338 $7859 $2319       Required: a) Which job(s) are still in process at the end of January, and what is the cost of this job(s)? b) Which job(s) were completed at the end of February, and what is the cost of this completed job(s)? c) What are the balances in the work in process inventory, finished goods inventory, and cost of goods sold for March? d) How does job costing in a service organization differ from job costing in a manufacturing organization?

How much is total cost of goods manufactured?

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Entry for Jobs Completed; Cost of Unfinished Jobs The following account appears in the ledger prior to recognizing the jobs completed in March: Work in Process Line Item Description Amount Balance, March 1 $9,950 Direct materials 80,890 Direct labor 87,260 Factory overhead 45,870 Jobs finished during March are summarized as follows: Line Item Description Amount Job 459 $40,310 Job 510 24,640 Job 512 47,030 Job 523 82,870 Question Content Area a. Journalize the entry to record the jobs completed. If an amount box does not require an entry, leave it blank. blankAccountDebitCredit blank Question Content Area b. Determine the cost of the unfinished jobs at March 31. fill in the blank 1 of 1$

A manufacturer began operations on April 1 and reports the information below. All jobs are sold for 20% above cost. Manufacturing costs Job number 1 2 3 4 5 April $ 880 730 May $ 2,200 1,280 1,920 2,710 In process Job Status at May 31 Completed and sold during May Completed but not sold 555 480 3,680 Completed and sold during May In process 1. Compute the May 31 balance in (a) Work in Process Inventory and (b) Finished Goods Inventory. 2. Compute gross profit for May.