Job Costs, Ending Work in Process During March, Estes Company worked on three jobs. Data reiating to these three jobs followi Overhead is assigned on the basis of direct labor hours at a rate of $9.50 per direct labor hour. During March, Jobs 86 and 87 were completed and transferred to Finished Goods Inventory. Job 87 was sold by the end of the manth. Job 88 was the only unfinished job at the end of the monthi. Required: 1. Calculate the per-unit cost of Jobs 86 and 87 . Round your answers to the nearest cent. Job86Job87perunitperunit 2. Campute 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 86 and 87 and the sale of Job 87 . The selling price is 130 percent of cost. Round your answers to the nearest cent. Feeseack T check My Work 3. The costs of a completed job are transferred from the work-in-process inventory account to the finished goods inventory account. When a job is shipped to a customer, the cost of the finished job becomes the cost of the goods sold. There will be two journal entries to show that the job was sold and billed to customer