H-5 Expedition Company worked on five jobs during May: Jobs A10, B20, C30, D40, and E50. At the end of May, the job cost sheets forthese five jobs contained the following data:Beginning balanceCharged to the jobs during May:Direct materialsDirect laborManufacturing overhead appliedUnits completedUnits sold during MayJob A10$ 213$250$ 230$ 2572600Job B20$ 230$ 230$ 240$ 27000Job C30$ 222$ 280$ 150$ 118120120Job D40$ 198$ 180$ 260$21200Job E50$255Required:1. What is the cost of goods sold for May?Note: Round "Unit product cost" to 2 decimal places and final answer to nearest dollar amount.2. What is the total value of the finished goods inventory at the end of May?Note: Round "Unit product cost" to 2 decimal places and final answer to nearest dollar amount.3. What is the total value of the work in process inventory at the end of May?$360$290$265290240Jobs A10, C30, and E50 were completed during May. Jobs B20 and D40 were incomplete at the end of May. There was no finishedgoods inventory on May 1, and the company's total manufacturing overhead applied always equals its total actual manufacturingoverhead.

Name: H-5 Expedition Company worked on five jobs during May: Jobs A10, B20,
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: H-5 Expedition Company worked on five jobs during May: Jobs A10, B20, C30, D40, and E50. At the end of May, the job cost sheets forthese five jobs contained the following data:Beginning balanceCharged to the jobs during May:Direct materialsDirect lab