A welding company specializes in custom steel frames and uses job costing to account for its operations. The following information is available as of May 1 for the work-in-process inventory account:

Job#	Direct Materials	Direct Labor	Man. Overhead	Total Cost
304	$3,000	$1,800	$2,520	$7,320
306	4,000	2,100	2,940	9,040
Total Cost	7,000	3,900	5,460	16,360

Welding Company pays an hourly rate of $15 for direct labor. Manufacturing overhead costsare applied to jobs based on the direct labor hours used. During the month of May, Jacob Welding spends $5,800 to purchase materials and $4,650 for manufacturing overhead. The operations in May are summarized below.

Job#	Material Requisition summary	Time Card Summary (Hours
304	$1,100	40
306	900	30
307	2,800	110
308	750	25
Total	5,550	205

Jobs 304, 306, 307 are completed in May but only Jobs 304 and 307 are delivered to customers.

Question: Prepare the necessary journal entries for May (assuming any over or underapplied manufacturing overhead is written off to cost of goods sold account monthly).