A job order cost sheet for Wildhorse Company is shown below. Job No. 92 Date Beg. bal. Jan. 1 8 12 Total cost 25 27 Direct Materials Cost of completed job: Direct materials Direct labor 6,700 7,000 2.800 16,500 Manufacturing overhead Unit cost ($52,900 +2,000) Direct Labor 7,000 10,000 4,000 21,000 $16,500 21,000 15,400 $52,900 $26.45 For 2,000 Units Manufacturing Overhead 4,900 7,500 3,000 15,400

Date Account Titles and Explanation Debit Credit dan 31 (To recond faw materials used) 31 (To record foctory labor used) (3) (Fo record mavifocturing evertioad) 31 (T) reoord job completed? eTextbook and Media A job order cost sheet for Wildhorse Compamy is shown below (a) On the basis of this data, aniwer the following cuestions. (2) What was the balance in Work in Process Imentoryon January 1 if this was the only urifished job? (1) What was the balance in Work in Process Imventory on January 1 if this was the only unfinished job? Balance in Work in Process inventory on danuary 1 5 (2) If manufacturing overhead is applied on the busis of direct labor cost, what overtiead rate was used in each year? inound answers to Odecimaiplaces, es 55x ) (b) Prepare summary entribs at January 31 to record the current year's transactions pertaining to Job Na, 92 . (Lat all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually)