Stine Company uses a job order cost system.

View Policies Show Attempt History Current Attempt in Progress Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,910 and two jobs in process: Job No. 429 $2,460, and Job No. 430 $1,450. During May, a summary of source documents reveals the following. Materials Labor Time Job Number Requisition Slips Tickets 429 $2,900 $2,100 430 3,940 3,100 431 4,670 $11,510 7,800 $13,000 General use 950 1,370 $12,460 $14,370 Stine Company applies manufacturing overhead tojobs at an overhead rate of 69% of direct labor cost. Job No. 429 is completed during the month. Prepare summaryjournal 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.) Io. Date Account Titles and Explanation Debit Credit May . _) 31 Work In Process Inventory 11,510 Manufacturing Overhead 950 Raw Materials Inventory 12,460 I) 31 Work in Process Inventory 13,000 Manufacturing Overhead 1,370 Factory Labor 14,370 i) 31 Work in Process Inventory 8,970 Manufacturing Overhead 8,970 l) 31 Finished Goods Inventory 8,909 Work in Process Inventory 8,909 Job Cost Sheets Job Beginning Work Direct Direct No. in Process Material Labor $ $l $: 5 \f.