Job Cost Fows, Joumbl Entries On Aprit 1, Sanghikar Camphny haid the fokowing balances in its inventory accounta: Warkein prockts inventory is made up of thee fobs whth the fotiowing costs During Apeil, Gangvikar expenienced the Grancactiont listed bilow a. Materials purchased on account, 125,000 b. Materigis requigitioned. Job 114,$16,500,106115,512,000, and Job 116, 85,000 c. Job tickets were callected and simmmarited: Job 114,150 hours at $15 per hour, Job 115,220 hours at 117 per hour, and Job 116 , 80 hours at 518 per haur d. Overhead is apglied on the busis of direct labor cont a. Actual overhesad wat 44,765 1. Job 115 was completed and transferred to the finished goods warehouse. 9. (1) Job 115 was shipped, and (2) the cuntomer was brlied for 130 percent of the cost. Required: 1. Prepare jourrial entries for the Aphil tranaactions. - nusmon inumal ontribe fartho Anril transactions. Materials Work in Process Finished Goods 2. Calculate the ending balonces of each of the inventory accounts as of April 30. Post the entries to the T-accounts in the same order in which they were journalized Materials Work in Process Finished Goods