Cost Flows, Journal Entries April 1, Sangvikar Company had the following balances in its inventory accounts: Nork-in-process inventory is made up of three jobs with the following costs: During April, Sangvikar experienced the transactions listed below, a. Materials purchased on account, $29,000. b. Materials requisitioned: Job 114, $16,500;30b 115, $12,200; and Job 116, $5,000. c. Job tickets were collected and summarized: Job 114, 150 hours at \$12 per hour; Job 115, 220 hours at \$14 per hour; and Job 116, 80 hours at \$18 per hou d. Overhead is applied on the basis of direct labor cost. e. Actual overhead was $4,415. f. Job 115 was completed and transferred to the finished goods warehouse. 9. (1) Job 115 was shipped, and (2) the customer was billed for 125 percent of the cost. Required: culate the ending balances of each of the inventory accounts as of April 30 . Post the entries to the T-accounts in the same order in which they were journalized. Festack F Creck My Won Set up T accounts to calculate ending balances inventory