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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
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 Balance, March 1 Direct materials Direct labor Factory overhead $17,550 142,680 153,910 80,910 Jobs finished during March are summarized as follows: Job 459 Job 510 Job 512 Job 523 $71,110 43,460 82,960 161,970 a. Journalize the entry to record the jobs completed. If an amount box does not require an entry, leave it blank. 36 4 b. Determine the cost of the unfinished jobs at March 31.
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