Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,970 and two jobs in process: Job No. 429 $2,220, and Job No. 430 $1,750. During May, a summary of source documents reveals the following. Job Number Materials Requisition Slips Labor Time Tickets 429 $2,620 $2,100 430 3,720 3,100 431 4,870 $11,210 7,900 $13,100 General use 990 1,480 $12,200 $14.580 Stine Company applies manufacturing overhead to jobs at an overhead rate of 62% of direct labor cost. Job No. 429 is completed during the month. Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation (1) May 31 Work in Process Inventory Manufacturing Overhead- Raw Materials Inventory Debit 11210 990 (2) 31 Work in Process Inventory 13100 Manufacturing Overhead 1480 Factory Labor (3) 31 Work in Process Inventory 8122 Manufactoring Overhead Credit 12200 14500 8122 Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets. (Post entries in the order of journal entries presented in the previous part.) Work in Process Inventory Job Cost Sheets Job No. Beginning Work in Process Direct Material Direct Labor Manufacturing Overhead Job No. 430 431 10 $ $ Job Cost Sheets Beginning Work in Process Direct Material Direct Labor Manufacturing Overhead $ $ $ Randon Direct Manufacturing Labor Overhead Total School ost Sheets