eBook C Get Ho 125 2 3. Prepare the journal entries reflecting the completion of Jobs 78 and 79 and the sale of Job 79. The selling price is 130 percent of cost. Round your answers to the nearest cent. Completion of Finished Goods Jobs 78 & 79 Sale of Job 79 (cost) Work in Process Cost of Goods Sold Sale of Job 79 (sale) Finished Goods Accounts Receivable or Cash Sales Revenue 7,655 X 10 Feedback Check My Work 3. The costs of a completed job are transferred from the work-in-process inventory account to the finished goods inventory account. When a job is shipped to a customer, the cost of the finished jpb becomes the cost of the goods sold. There will be two journal entries to show that the job was sold and billed to customer. Feedback Check My Work Partially correct Check My Work Next> All work saved. Save and Exit Submit Assignment for Grading