Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,940 and two jobs in process: Job No. 429 $2,160, and Job No. 430 $1,780. During May, a summary of source documents reveals the following.

Job Number		MaterialsRequisition Slips				Labor TimeTickets
429		$2,770				$2,070
430		3,910				3,290
431		4,920		$11,600		8,150		$13,510
General use				940				1,460
				$12,540				$14,970

Stine Company applies manufacturing overhead to jobs at an overhead rate of 69% of direct labor cost. Job No. 429 is completed during the month.

Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429.?(Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.)

No.	Date	Account Titles and Explanation	Debit	Credit
(1)	May 31
(2)	31
(3)	31
(4)	31

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Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets.?(Post entries in the order of journal entries presented in the previous part. Round answers to 0 decimal places, e.g. 5,275.)

Work in Process Inventory
?May 1 BalanceMay 31May 31 Balance		?May 1 BalanceMay 31 BalanceMay 31
?May 1 BalanceMay 31May 31 Balance		?May 31 BalanceMay 31May 1 Balance
?May 1 BalanceMay 31 BalanceMay 31		?May 31May 31 BalanceMay 1 Balance
?May 31 BalanceMay 1 BalanceMay 31		?May 31 BalanceMay 31May 1 Balance
?May 31 BalanceMay 1 BalanceMay 31		?May 31 BalanceMay 31May 1 Balance

Job Cost Sheets
JobNo.		Beginning Workin Process		DirectMaterial		DirectLabor		ManufacturingOverhead		Total
430		$		$		$		$		$
431
		$		$		$		$		$