eBook Print tem Job Costs, Ending Work in Process During March, Aragon Company worked on three jobs, Data relating to these three jobs follow Job 78 Job 79 Job 80 Units in each order 190 230 250 Units sold 230 Materials requisitioned $1,368 $1,058 $2,975 Direct labor hours 209 253 375 Direct labor cost $2,090 $3,542 $3,450 Overhead is assigned on the basis of direct labor hours at a rate of $7.90 per direct labor hour. During March, Jobs 78 and 79 were completed and transferred to Finished Goods Inventory. Job 79 was sold by the end of the month Job 80 was the only unfinished job at the end of the month Required: 1. Calculate the per-unit cost of Jobs 78 and 79. Round your answers to the nearest cent Job 78 26.89 per unit Job 79 28.69 per unit 2. Compute the ending balance in the work in process inventory account. Round your answer to the nearest cent 37.55 X Feedback Check My Work 1. When a job is finished, manufacturing cost is computed by totaling direct materials, direct labor, and overhead on each job. If there are multiple units, the grand total can be divided by the number of units to determine per-unit cost. Previous Next Check My Work 2 more Check My Work uses remaining Save and Exit Submit Assignment for Grading All work saved 3. Prepare the journal entries retecting the completion of Jobs 78 and 79 and the sale of Job 79. The selling price is 120 percent of cost. Round your answerx to the nearest cent Completion of Jobs 78 & 29 11,70NX Finished Goods Work in Process 11,708 X Sale of Job 79 (cost) 6,599X Cost of Goods Sold Finished Goods 6,599X Sale of Job 79 (sale) Accounts Receivable or Cash 14,517 X Sales Revenue 14.517 X