Westerville Company's beginning and ending inventories for the month of May are May 1 May 31 Direct Materials $67,000 $62,000 Work in Process $145,000 $171,000 Finished Goods $85,000 $78,000 Production data for the month of May follows: Direct labor $200,000 Actual manufacturing overhead $132,000 Direct materials purchased $163,000 Transportation in $2,000 Westerville Company uses one overhead control account and charges overhead to production at 70% of direct labor cost. The company does not formally close the account until the end of the year. Westerville Company's total manufacturing cost for May is $363,000 $510,000 $503,000 $502,000

Jiffy printing shops does a lot of printing job for college students. the shop use an average of 25 cases of copy paper each day during the 312 days last year. the shop opens 6 days a week for 52 weeks each year and closes on sundays. each case of paper costs $35. it conducts a count of its paper inventory at the end of every quarter of the year. the table below shows the inventory counting records for last year. inventory end of quarter 1 700 cases end of quarter 2 1,050 cases end of quarter 3 920 cases end of quarter 4 800 cases 1. what's jiffy's cost of goods sold last year? 2. what's jiffy's average aggregate inventory value? 3. what's jiffy's inventory turnover last year? 4. what is the printing shop's weeks of supply last year?