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Stine Company uses a job order cost system. On May 1 , the company has a balance in Work in Process Inventory of $ 3

Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,500 and two jobs in process: Job No.429$2,000, and Job No.430$1,500. During May, a summary of source documents reveals the following.
\table[[JobNumber429,\table[[Materials],[Requisition Slips]],\table[[Labor Time],[Tickets]]],[$2,500,,$1,900,],[430,3,500,,3,000,],[431,4,400,$10,400,7,600,$12,500
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