question 14 2 parts

Attempt in Progress Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of 54.140 and to Jobs in process: Job No 429$2,450, and Job No. 430 $1,690. During May, a summary of source documents reveals the following Job Number 429 430 431 General use Materials Requisition Slips $2.920 3,610 4,870 $11.400 960 $12,360 Labor Time Tickets $2,200 3.400 8.000 $13,600 1,600 $15,200 Stine Company applies manufacturing overhead to jobs at an overhead rate of 65% of direct labor cost. Job No.429 is completed during the month (a) Prepare summary journal entries to record (1) the requisitionslips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. Credit account eitles are automatically indented when amount is entered Do not Indent manually No. Date Account Titles and Explanation Debit Credit May (1) 31 12 31