Current Attempt in Progress

Stine Company uses a job order cost system. On May $1,$ the company has a balance in Work in Process Inventory of $$3,500$ and two jobs in process: Job No$.429$$$2,000,$ and Job No$.430$$$1,500.$ During May, a summary of source documents reveals the following.

$\backslash$table$[[\backslash$table$[[$Job Number$],[429]],\backslash$table$[[$Materials$],[$Requisition Slips$]],\backslash$table$[[$Labor Time$],[$Tickets$]]],[$$$2,500,,$$$1,900,],[430,3,500,,3,000,],[431,4,400,$$$10,400,7,600,$$$12,500],[$General use,,$800,,1,200],[,$$$11,200,,$$$13,700]]$

Stine Company applies manufacturing overhead to jobs at an overhead rate of $60\%$ of direct labor cost. Job No$.429$ is completed during the month.