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The following account appears in the ledger after only part of the postings have been completed for March: Work in Process Balance, March 1 $18000
The following account appears in the ledger after only part of the postings have been completed for March: Work in Process Balance, March 1 $18000 Direct materials $122500 Direct Labor $145000 Factory Over head $80000 Jobs finished during March are summarized as follows: Job 320 $72400 Job 326 $79200 Job 327 $46200 Job 350 $144600 a. Journalize the entry to record the jobs completed. b. Determine the cost of the unfinished jobs at March 31
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