The following costs were incurred in February 2010 by Container Corp., which produces customized steel storage bins: Direct Material purchased on account $76,000 Direct material used for jobs: Job #217 $44,800 Job #218 7,200 Other jobs 53,600 105,600

Direct labor costs for month:

Job #217 $10,400

Job #218 14,000

Other Jobs 19,600 44,0000

Actual Overhead costs for february 220,000

The balance in Work in Process Inventory on February 1 was $16,800, which consisted of $11,200 for Job #217 and $5,600 for Job #218. The February begining balance in Direct Material Inventory was $44,600. Actual overhead is applied to jobs at a rate of $4.95 per dollar of direct labor cost. Job #217 was completed and transferred to Finished Goods Inventory during February. Job #217 was delivered to the customer at the agreed-upon price of cost plus 35 percent.

a. Prepare Journal entries to record the preceding information.

b. Determine the februrary ending balance in WIP Inventory. How much of this balance relates to Job #218?