Problem 14-02A a-d For the year ended December 31, 2017, the job cost sheets of Swifty Company contained the following data. Direct Direct Maacturing Telal 25,500 $24,480 Current year's costs 641 Balance 1,220 18,360 22,032 51,62 Current years costs Current years 67,320 182,580 Other data: 1. Raw materials inventory totaled $15,300 on January 1. During the year, $142,800 of raw materials were purchased on account. Factory labor incurred was $160,140 2 Finished goods on January 1 consisted of Job No. 7638 for $88,740 and Job No. 7639 for $93,840. Job No. 7640 and Job No. 7641 were completed during the year Job Nos, 7638, 7639, and 7641 were sold. Manufacturing overhead incurred on account totaled $122,400. Other manufacturing overhead consisted of indirect materials $14,280, indirect labor $18,360, and depreciation on factory machinery $8,160 6. Enter January 1 balances in Raw Materials Inventory, Work in Process Inventory, and Finished Goods (2) Record the 2017 transactions. ) Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work ) Record the adjustment for over- or underapplied manufacturing overhead, assuming the balance is allocated entirely to Cost of Goods Sold. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Factery Labar (a) Beginning balance Incurred factery laber Indirect materials Indirect labor Overhead costs incurred Factory equip depreciatien Assigned evertead Completed jobs b) WIP balance () Overapplied overhead work in precess ba ance Untnished job