For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number 7640 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $29,500 35,400 12,980 50,740 68,440 Direct Labor $28,320 42,480 21,240 56,640 64,900 Manufacturing Overhead $33,984 50,976 25,488 67,968 77,880 Total Costs $91,804 128,856 59,708 175,348 211,220 7641 7642 Other data: 1. 2. 3. 4. 5. 6. Raw materials inventory totaled $17,700 on January 1. During the year, $165,200 of raw materials were purchased on account Finished goods on January 1 consisted of Job No. 7638 for $102,660 and Job No. 7639 for $108,560. Job No. 7640 and Job No.7641 were completed during the year. Job Nos.7638,7639, and 7641 were sold on account for $625,400. Manufacturing overhead incurred on account totaled $141,600. Other manufacturing overhead consisted of indirect materials $16,520, indirect labor $21.240, and depreciation on factory machinery $9,440. (a) Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work. Post each to the T- account in the following order: (1) beginning balance, (2) direct materials, (3) direct labor, (4) manufacturing overhead, and (5) completed jobs. Work in Process Inventory Completed Work 1/1 Balance Direct Materials Direct Labor > Manufacturing Overhead