Ehrling Brothers Company makes jobs to customer order. During the month of July, the following occurred: 2. Materials were purchased on account for $45,760. b. Materials totaling $40,980 were requistioned for use in producing various jobs. c. Direct labor paryroll for the month was $19,200 with an average wage of $12 per hour. d. Actual overhead of $,870 was incurred and paid in cash. e. Manufacturing overhead is charged to production at the rate of $5.40 per direct laboir hour. t. Completed jobs costing $60,000 were transterred to Finished Goods. 9. Jobs costing $58,000 were seld on account for \$ 73,650 , Make the entry to record the revehue from the sale first, followed by the entry to record the cost of the jobs. Beginning balankes as of July 1 were: Mequired: 1. Precare the fournal entres for the preceding events. 2. Calculate the ending balances of: a. Materials Inventory b. Work-in-Process Inventory c. Overhead Control d. Finished Goods Inventory