For the year ended December 31, 2022, the job cost sheets of Ivanhoe Company contained the following data. Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $21.500 $20,640 $24,768 $66,908 Current year's costs 25,800 30,960 37,152 93,912 7641 Balance 1/1 9.460 15,480 18,576 43,516 Current year's costs 36,980 41,280. 49,536 127,796 7642 Current year's costs 49,880 47,300 56,760 153,940 Other data: 1 Raw materials inventory totaled $12,900 on January 1. During the year, $120,400 of raw materials were purchased one account. 2 Finished goods on January 1 consisted of Job No. 7638 for $74,820 and Job No. 7639 for $79.120. 3. Job No.7640 and Job No. 7641 were completed during the year. 4. 5. 6. 7. Job Nos. 7638, 7639, and 7641 were sold on account for $455,800. Manufacturing overhead incurred on account totaled $103,200. Incurred depreciation on factory machinery $6,880. Assigned indirect materials of $12,040 and indirect labor of $15,480. (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. 1/1 12/31 "> "> 3 Work in process balance $ Unfinished job Work in Process Inventory v