Marigold Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,970 and two jobs in process: Job No. 429 $2,220, and Job No. 430 $1,750. During May, a summary of source documents reveals the following. 551 Job Number 429 Materials Requisition Slips $2,620 430 3,720 4,870 431 General use $11,210 990 $12,200 Labor Time $2,100 3,100 Tickets 7,900 $13,100 1.480 $14,580 Marigold Company applies manufacturing overhead to jobs at an overhead rate of 62% of direct labor cost. Job No. 429 is completed during the month.