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Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $4,240 and two jobs in process: Job No. 429 $2,580, and Job No. 430 $1,660. During May, a summary of source documents reveals the following. Job Number Labor Time Tickets 429 430 431 General use Materials Requisition Slips $3,040 3,680 4,710 $11,430 940 $12,370 $2,100 3,300 8,100 $13,500 1,360 $14,860 Stine Company applies manufacturing overhead to jobs at an overhead rate of 61% of direct labor cost. Job No. 429 is completed during the month. *(a) Your answer is partially correct. Try again. Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit 11430 940 No. Date Account Titles and Explanation (1) May 31 Work in Process Inventory (Manufacturing Overhead TRaw Materials Inventory (2) 31 Work in Process Inventory TManufacturing Overhead D12370 113500 X Your answer is incorrect. Try again. Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets. (Post entries in the order of journal entries presented in the previous part.) Work in Process Inventory X X x Job Cost Sheets Direct Labor Direct Material Job Beginning Work No. in Process Manufacturing Overhead Total 430 431 x Attempts: 1 of 3 used