For the year ended December 31, 2020, the job cost sheets of Cullumber Company contained the following data. Job Number 7640 Total Costs Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $28,500 34,200 12,540 49,020 66,120 Direct Labor $27,360 41,040 20,520 54,720 62,700 Manufacturing Overhead $32.832 49,248 24,624 65,664 75,240 7641 $88,692 124,488 57,684 169,404 204,060 7642 Other data: ^ 1. Raw materials inventory totaled $17,100 on January 1. During the year $159,600 of raw materials were purchased on account. 2. Finished goods on January 1 consisted of Job No. 7638 for $99.180 and Job No. 7639 for $104,880. Job No. 7640 and Job No. 7641 were completed during the year. Job Nos. 7638,7639, and 7641 were sold on account for $604,200. 5. Manufacturing overhead incurred on account totaled $136,800. 6. Other manufacturing overhead consisted of indirect materials $15.960, indirect labor $20,520, and depreciation on factory machinery $9,120. 3. 4. 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