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Pharoah Company uses a job order cost system. On May 1 , the company has a balance in Work in Process Inventory of $ 3

Pharoah Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,920 and two jobs in process: Job No.429 $2,240, and Job No.430 $1,680. During May, a summary of source documents reveals the following.
\table[[JobNumber429,\table[[Materials],[Requisition Slips]],\table[[Labor Time],[Tickets]]],[$2,800,,$2,160,],[430,3,920,,3,360,],[431,4,960,$11,680,8,500,$14,020
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