Exercise 2-2 (Part Level Submission) Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,890 and two jobs in process: Job No. 429 $2,540, and Job No. 430 $1,350. During May, a summary of source documents reveals the following Labor Time Tickets Materials Job Number 429 430 431 General use Requisition Sli $2,070 3,520 7,730 $2,980 4,000 4,560 200 $11,540 900 $13,320 1,670 $14,990 $12,440 Stine Company applies manufacturing overhead to jobs at an overhead rate of 64% of direct labor cost. Job No. 429 is completed during the month