Problem 2-2A (Video) For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. The Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs C 7640 Balance 1/1 $26,750 $25,680 $30,816 $83,246 Current year's costs 32,100 38,520 46,224 116,844 7641 Balance 1/1 11,770 19,260 23,112 54,142 F Current year's costs 46,010 51,360 61,632 159,002 f 7642 Current year's costs 62,060 58,850 70,620 191,530 Other data: 1. 2. Raw materials inventory totaled $16,050 on January 1. During the year, $149,800 of ra materials were purchased on account. Finished goods on January 1 consisted of Job No. 7638 for $93,090 and Job No. 7639 ft $98,440. 3. Job No. 7640 and Job No. 7641 were completed during the year. 4. Job Nos. 7638, 7639, and 7641 were sold on account for $567,100. Manufacturing overhead incurred on account totaled $128,400. 5. 6. Other manufacturing overhead consisted of indirect materials $14,980, indirect labor $19,260, and depreciation on factory machinery $8,560.