Stine Company uses a job order oost accounting 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 $1,850, and Job No. 430 $1,650. During May, a summary of source documents reveals the following Job Number Requisition Slips Time Tickets 429 $2,240 $1,650 430 3,230 3,100 431 4.350 $9,820 7.360 $12,110 General use 720 160 0,540 13,270 Stine Company applies manufacturing overhead to jobs at an overhead rate of 80% of direct labor cost. Job No 429 is completed during the month. Z Your answer is partially correct Try again. Prepare summary journal entries on May 31 to record: (i) the requisition slips (ii) the time tickets, (iii) the assignment of manufacturing overhead to jobs, and (iv) 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 Debit Credit (i) May 31 Work in Process Inventory 9820 Manufacturing overhead 720 Raw Materials Inventor 10540 (ii) May 31 12110 Work in Process Inve nt ory Manufacturing overhead 1160 T Factory Labor 13270