Job Costs, Ending Work in Process During March, Aragon Company worked on three jobs Data relating to these three Jobs follow Job 78 Job 79 Job 80 Units in each order 190 230 250 Units sold 230 Materials requisitioned $1,368 $1,058 $2,975 Direct labor hours 209 253 375 Direct tabor cost $2,090 $3,542 $3,450 Overhead is assigned on the basis of direct labor hours at a rate of $7.90 per direct labor hour. During March, Jobs 78 and 79 were completed and transferred to Finished Goods Inventory, Job 79 was sold by the end of the month Job 80 was the only unfinished job at the end of the month Required: 1. Calculate the per-unit cost of Jobs 78 and 79. Round your answers to the nearest cent, Job 78 per unit Job 79 per unit 2. Compute the ending balance in the work-in-process inventory account. Round your answer to the nearest cent. 3. Prepare the journal entries reflecting the completion of Jobs 78 and 79 and the sale of Job 79. The selling price is 120 percent of cost. Round your answers to the nearest cent Completion of Jobs 78 & 79 Finished Goods Previous Next Overhead is assigned on the basis of direct labor hours at a rate of $7.90 per direct labor hour. During March, Jobs 78 and 79 were completed and transferred to Goods Inventory, Job 79 was sold by the end of the month. Job 8o was the only unfinished job at the end of the month. Required: 1. Calculate the per-unit cost of Jobs 78 and 79. Round your answers to the nearest cent Job 78 per unit Job 79 per unit 2. Compute the ending balance in the work-in-process inventory account Round your answer to the nearest cent. and 79 and sale of Job 79. The selling is 120 cent of cost. Round your answers to th 3. Prepare the journal entries reflecting the completion of Jobs nearest cent. Completion of Finished Goods Jobs 78 879 Work in Process Sale or Job 79 (cost) Cost of Goods Sold 1 1 1 Finished Goods Sale or Job 79 (sale) Accounts Receivable or Cash Sales Revenue