Blossom Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $4,240 and two jobs in process: Job No. 429 $2,580, and Job No. 430 $1,660. During May, a summary of source documents reveals the following.

Materials Requisition Slips Labor Time Tickets Job Number 429 430 431 General use $2,100 3,300 8,100 $3,040 3,680 4,710 $11,430 940 $12,370 $13,500 1,360 $14,860 Blossom Company applies manufacturing overhead to jobs at an overhead rate of 61% of direct labor cost. Job No. 429 is completed during the month Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429 indent manually.) No. Date Account Titles and Explanation (1) May 31 Work in Process Inventory Debit Credit 11430 Manufacturing Overhead 940 Raw Materials Inventory 12370 1 Work in Process Inventory 13500 Manufacturing Overhead 1360 Factory Labor 14860 (3) 1 Work in Process Inventory 8235 Manufacturing Overhead 8235 (4) 31 Finished Goods Inventory 9001 Work in Process Inventory 9001 Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets Work in Process Inventory 4240 May 31 May 1 Balance May 31 May 31 May 31 May 31 Balance 9001 11430 13500 8235 28404 Job Cost Sheets Job Beginning Work No Direct Material Direct Labor Manufacturing Overhead in Process Total 430 431 Click if you would like to Show Work for this question: Open Show Work