Finished Goods and Cost of Goods Sold Before the completed production for August is recorded, the work in process inventory account for Bayfield Company appears as follows Assume that completed production for August includes Jobs 317, 318, and 319 with total costs of $155,000, $90,000, and $110,000, respectively. a. Determine the cost of unfinished jobs at August 31 and prepare a journal entry to recolion. Work in process balance as of August 31$ b. Using general journal entries, record the sale of Job 317 for $225,000 on account