Current Attempt in Progress Wildhorse Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $ 4,550 and two jobs in process: Job No. 429 $ 2,600, and Job No. 430 $ 1,950. During May, a summary of source documents reveals the following. Materials Requisition Slips Labor Time Tickets Job Number 429 $3,250 $ 2,520 430 4,550 3,900 431 5,770 $ 13,570 9,850 $ 16,270 General use 1,140 1,460 $ 14,710 $ 17,730 Wildhorse Company applies manufacturing overhead to jobs at an overhead rate of 60% of direct labor cost. Job No. 429 is completed during the month. Part 2 Your answer is partially correct. Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets. (Post entries in the order of journal entries presented in the previous part.) Work in Process Inventory May 1 Balance 4550 May 31 Balance 9882 May 31 13570 May 31 16270 May 31 9762 May 31 Balance Job Cost Sheets Job No. Beginning Work in Process Direct Material Direct Labor Manufacturin Overhead 430 $ 1950 $ $ $ 431 0 $ 1950 $ $ $ e Textbook and Media Assistance Used Part 2 Your answer is partially correct. Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets. (Post entries in the order of journal entries presented in the previous part.) Work in Process Inventory May 1 Balance 4550 May 31 Balance 9882 May 31 13570 May 31 16270 May 31 9762 May 31 Balance Job Cost Sheets Job No. Beginning Work in Process Direct Material Direct Labor Manufacturin Overhead 430 $ 1950 $ $ $ 431 0 $ 1950 $ $ $ e Textbook and Media Assistance Used Job Cost Sheets Direct Material Direct Labor Manufacturing Overhead Total 6 $ $ $ $ $ $