d06-9294-42881fd463de/question/8 Question 9 of 10 -/1 E View Policies Current Attempt in Progress For the year ended December 31, 2020, the job cost sheets of Cullumber Company contained the following data. Job Number 7640 Direct Materials $28.500 34.200 12,540 49,020 66,120 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Labor $27.360 41.040 20,520 54.720 62.700 Manufacturing Overhead $32,832 49.248 24,624 65,664 75.240 Total Costs $88,692 124,488 57.684 169,404 204,060 7641 7642 Other data 1. 2 3. 4 5. Raw materials inventory totaled $17,100 on January 1. During the year, $159,600 of raw materials were purchased on account Finished goods on January 1 consisted of Job No. 7638 for $99.180 and Job No. 7639 for $104,880 Job No. 7640 and Job No. 7641 were completed during the year, Job Nos. 7638.7639, and 7641 were sold on account for $604,200. Manufacturing overhead incurred on account totaled $136.800 Other manufacturing overhead consisted of indirect materials $15.960, indirect labor $20,520, and depreciation on factory machinery $9,120. 6 Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work. Post each to the T- account in the following order: (1) beginning balance. (2) direct materials. (3) direct labor, (4) manufacturing overhead, and (5) completed jobs Work in Process Inventory 1/1 RI O hp