For the year ended March 31, 2009.

Job Number	Explanation	Direct Materials	Direct Labor	Manufacturing Overhead	Total Costs
7640	Balance 1/1	$26,750	$25,680	$30,816	$83,246
	Current years costs	32,100	38,520	46,224	116,844
7641	Balance 1/1	11,770	19,260	23,112	54,142
	Current years costs	46,010	51,360	61,632	159,002
7642	Current years costs	62,060	58,850	70,620	191,530

1.	Raw materials inventory totaled $16,050 on April 1. During the year, $149,800 of raw materials were purchased on account. Factory labor incurred was $167,990.
2.	Finished goods on April 1 consisted of Job No. 7638 for $93,090 and Job No. 7639 for $98,440.
3.	Job No. 7640 and Job No. 7641 were completed during the year.
4.	Job Nos. 7638, 7639, and 7641 were sold.
5.	Manufacturing overhead incurred on account totaled $128,400.
6.	Other manufacturing overhead consisted of indirect materials $14,980, indirect labor $19,260, and depreciation on factory machinery $8,560.

(a)	(1) Enter April 1 balances in Raw Materials Inventory, Work in Process Inventory, and Finished Goods Inventory. (2) Record the 2009 transactions.
(b)	Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work.
(c)	Record the adjustment for over- or underapplied manufacturing overhead, assuming the balance is allocated entirely to Cost of Goods Sold.

(Enter negative amounts using a negative sign.)

		Manufacturing Costs			Work in Process Inventory	Finished Goods Inventory	Cost of Goods Sold
		Raw Materials Inventory	Factory Labor	Manufacturing Overhead
(a)	Beginning balance	$	$	$	$	$	$
	Purchased raw materials	$	$	$	$	$	$
	Incurred factory labor	$	$	$	$	$	$
	Direct materials	$	$	$	$	$	$
	Indirect materials	$	$	$	$	$	$
	Direct labor	$	$	$	$	$	$
	Indirect labor	$	$	$	$	$	$
	Overhead costs incurred	$	$	$	$	$	$
	Factory equip. depreciation	$	$	$	$	$	$
	Assigned overhead	$	$	$	$	$	$
	Completed jobs	$	$	$	$	$	$
	Sold jobs	$	$	$	$	$	$
(b)	WIP balance	$	$	$	$	$	$
(c)	Overapplied overhead	$	$	$	$	$	$

Work in process balance		$

Unfinished job		$