For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data.

Job Number		Explanation		Direct Materials		Direct Labor		Manufacturing Overhead		Total Costs
7640		Balance 1/1		$31,250		$30,000		$36,000		$97,250
		Current years costs		37,500		45,000		54,000		136,500
7641		Balance 1/1		13,750		22,500		27,000		63,250
		Current years costs		53,750		60,000		72,000		185,750
7642		Current years costs		72,500		68,750		82,500		223,750

Other data:

1.		Raw materials inventory totaled $18,750 on January 1. During the year, $175,000 of raw materials were purchased on account.
2.		Finished goods on January 1 consisted of Job No. 7638 for $108,750 and Job No. 7639 for $115,000.
3.		Job No. 7640 and Job No. 7641 were completed during the year.
4.		Job Nos. 7638, 7639, and 7641 were sold on account for $662,500.
5.		Manufacturing overhead incurred on account totaled $150,000.
6.		Other manufacturing overhead consisted of indirect materials $17,500, indirect labor $22,500, and depreciation on factory machinery $10,000.

(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
1/1

12/31

Work in process balance		$
Unfinished job

$