Save M2 4 of 5 (0 complete) HW Score: 0%, 0 of 5 pts Alternate Problem E4-32 (algo) Question Help Ronald Company produces pipes for concert-quality organs, Ench job is unique. In April 2016, it completed all outstanding orders, and then, in May 2016, it worked on only twojobs, M1 and (Click the icon to view the job information.) Direct manufacturing labor is paid at the rate of $32 per hour. Manufacturing overhead costs are allocated at a budgeted rate of $22 per direct manufacturing labor-hour. Only Job Mt was completed in May. Read the requirements i Requirements Data Table 1. 2. 3. 4. Calculate the total cost for Job M1 1.700 pipes were produced for Job M1. Calculate the cost per pipo Prepare the journal entry transferring Job M1 to finished goods. What is the ending balance in the Work-in-Process Control account? Ronald Company, May 2016 Direct materials Direct manufacturing labor Job M1 $ 78,000 276,000 Job M2 $ 57,000 209,000 Pont Done Print Done Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All