During August, Skyler Company worked on three jobs. Data relating to these three jobs follow:

	Job 39	Job 40	Job 41
Units in each order	60	100	80
Units sold		100
Materials requisitioned	$700	$690	$800
Direct labor hours	360	400	200
Direct labor cost	$1,944	$2,440	$1,220

Overhead is assigned on the basis of direct labor hours at a rate of $2.30 per direct labor hour. During August, Jobs 39 and 40 were completed and transferred to Finished Goods Inventory. Job 40 was sold by the end of the month. Job 41 was the only unfinished job at the end of the month.

Required:

1. Calculate the per-unit cost of Jobs 39 and 40. Round unit costs to nearest cent.

Job 39	$fill in the blank 8d5f1dfd9fabffb_1 per unit
Job 40	$fill in the blank 8d5f1dfd9fabffb_2 per unit

2. Compute the ending balance in the work-in-process inventory account. $fill in the blank 8d5f1dfd9fabffb_3

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1. Manufacturing cost comes from totaling direct materials, direct labor, and overhead on each job. The grand total can be divided by the number of units to determine per-unit cost.

2. Determine which jobs are still in work-in-process and compute the balance.

3. Prepare the journal entries reflecting (a.) the completion of Jobs 39 and 40 and (b.) the sale of Job 40. Make the entry to record the cost of Job 40 first, followed by the entry to record the revenue from its sale. The selling price is 120 percent of cost.

a.	Accounts PayableAccounts ReceivableCashCost of Goods SoldFinished GoodsWork in ProcessFinished Goods	Finished Goods
	Accounts PayableAccounts ReceivableCashCost of Goods SoldFinished GoodsOverhead ControlWork in ProcessWork in Process		Work in Process
b (1).	Accounts PayableMaterials CashCost of Goods SoldFinished GoodsOverhead ControlWork in ProcessCost of Goods Sold	Cost of Goods Sold
	Accounts PayableAccounts ReceivableCashCost of Goods SoldFinished GoodsOverhead ControlWork in ProcessFinished Goods		Finished Goods
b (2).	Accounts PayableAccounts ReceivableOverhead ControlFinished GoodsSales RevenueWork in ProcessAccounts Receivable	Accounts Receivable
	Accounts PayableAccounts ReceivableCashOverhead ControlSales RevenueWork in ProcessMaterialsSales Revenue		Sales Revenue