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Crane Manufacturing uses a job-order costing system. On May 1, the company has a balance in Work in Process inventory of $3.800 and two jobs

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Crane Manufacturing uses a job-order costing system. On May 1, the company has a balance in Work in Process inventory of $3.800 and two jobs in process: Job No. 42.9$2.150, and Job Na. 430$1,650. During May a summary of source documents reveals the following Crane Manufacturing applies manufacturing overhead to jobs at an overhead rate of 60% of direct labour cost. Job No, 429 is completed during the month. (a) Prepare summary journal entries to record the: iCredit account tibles are automoticolly indented when the amount is entered. Do not indert manually)

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