Question 3 of 5 < > View Policies Current Attempt in Progress -/1 E: Oriole Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,080 and two jobs in process: Job No. 429 $1,760, and Job No. 430 $1,320. During May, a summary of source documents reveals the following. Job Number Materials Requisition Slips Labor Time Tickets 429 $2,200 $1,680 430 3,080 2,640 431 3,880 $9,160 6,700 $11,020 General use 720 1,040 $9,880 $12,060 Oriole Company applies manufacturing overhead to jobs at an overhead rate of 60% of direct labor cost. Job No. 429 is completed during the month.