Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $4,110 and two jobs in process: Job No.429 $2,460, and Job No. 430 $1,650. During May, a summary of source documents reveals the following. Job Number 429 430 Materials Requisition Slips $2,730 3,900 4,830 $11,460 910 $12,370 Labor Time Tickets $2,300 3,100 7,800 $13,200 1.800 $15.000 431 General use Stine Company applies manufacturing overhead to jobs at an overhead rate of 63% of direct labor cost. Job No. 429 is completed during the month. (a) Your answer has been saved. See score details after the due date. 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. Account Titles and Explanation Debit Credit Date May 31 (1) Work in Process Inventory 11.460 Manufacturing Overhead 910 Raw Materials inventory 12,370 (2) 31 Work in Process Inventory 13,200 Manufacturing Overhead 1.800 Factory Labor 15,000 (3) 31 Work in Process Inventory 8316 Manufacturing Overhead 8316 (4) 31 Finished Goods Inventory 8939 Work in Process Inventory 8939 Attempts: 1 of 1 used May 1 Balance May 31 Balance 'entory, and prove the agreement of the control account with the job cost sheets. (Post s presented in the previous part.) May 31 Jork in Process Inventory Job Cost Sheets Job No. Beginning Work in Process Direct Material Direct Labor Manufacturing Overhead 430 $ $ 431 $ $ $ $ Save for Later Attempts: 0 of 1 used Submit Answer (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 Direct Material Job Cost Sheets Direct Labor Manufacturing Overhead Total $ $ $ $ $ $ $ $ Save for Later Attempts: 0 of 1 used Submit