Exercise 167a-b Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 and two jobs in process:Job No. 221, $3,600, and Job No. 222, 4,000. During April, a summary of source documents reveals the following: Materials Requisition Slips Labor Time Tickets $1,200 1,700 2,400 2,600 600 8,500 2,100 2,200 2,900 2,800 Job No. 221 223 224 General use Totals Foster applies manufacturing overhead to jobs at an overhead rateof70% of direct labor cost. lobNo. 221 is completed dring the month. Prepare summary yournal entries to record the raw materials requisitioned, factory labor used, the assignment of manufacturing overhead to jobs, and the completion of 3ob No. 221.(Cred $10,400 account titlies are automatically indented when the amount is entered. Do not indent manually) Date Account Titdes and Explanation To record the raw materials requistioned