Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process inventory of $4.210 and two jobs in process: Job No. 429 $2,420, and Job No 430 $1.790. During May, a summary of source documents reveals the following Job Number Materials Requisition Slips Labor Time Tickets 429 $3.020 $2,300 430 3,740 3,100 431 4.920 $11,680 7,800 $13,200 General use 960 1.520 $12,640 $14.720 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 No. Date Account Titles and Explanation Debit Credit (1) May 31 Work in Process inventory 11680 Manufacturing Overhead 960 12640 Raw Materials Inventory (2) 31 Work in Process Inventory 13200 Manufacturing Overhead 1520 14720 Factory Labor (3) 31 Work In Process Inventory 8184 Manufacturing Overhead 8184 9166 (4) 31 Finished Goods inventory Work in Process Inventory 9166 (b) 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 430 $ $ $ 431 $ $ $ Total $ $