Raymond Company worked on only two jobs during May. Information on the jobs is given below: Job M1 Job M2 Direct materials $90,000 Direct labor $324,000 $60,000 $252,000 5,000 Direct labor-hours 6,000 Manufacturing overhead costs are allocated at the budgeted rate of $36 per direct-labor hour. Job M1 was completed in May. REQUIRED: 1. Compute the total cost of Job Mi. 2. Calculate per unit cost for Job Ml assuming it has 15,000 units. 3. Make this journal entry transferring Job M1 to Finished Goods. 4. Determine the ending balance in the Work-in-Process account