Entry for Jobs Completed; Cost of Unfinished Jobs

The following account appears in the ledger prior to recognizing the jobs completed in March:

Work in Process

Line Item Description Amount

Balance, March $1$ $$16,450$

Direct materials $133,740$

Direct labor $144,270$

Factory overhead $75,830$

Jobs finished during March are summarized as follows:

Line Item Description Amount

Job $459$ $$66,650$

Job $51040,730$

Job $51277,760$

Job $523151,820$

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

a$.$ Journalize the entry to record the jobs completed. If an amount box does not require an entry, leave it blank.

Account Debit Credit

fill in the blank $3$

fill in the blank $4$

fill in the blank $6$

fill in the blank $7$

b$.$ Determine the cost of the unfinished jobs at March $31.$

fill in the blank $1$ of $1$$