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Shen Company reports the costs incurred below for the month ended May 31. The company...

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Accounting

Shen Company reports the costs incurred below for the month ended May 31. The company has no beginning Work in Process Inventory. Overhead is applied using a predetermined overhead rate of 120% of direct materials costs. Job 4 was completed and Job 5 is still in process at month-end. Prepare a schedule of cost of goods manufactured for the month.
Job 4 Job 5
Direct materials used $ 2,700 $ 2,200
Direct labor used 3,300320

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