The work in process inventory consists of two jobs: cmisu ucuvi overnead is treated just like overhead in the text examples. Cost and sales data for 2oio: - Materials purchased on account, USD 198,000. - Labor costs: Direct labor assigned to jobs - Job No. 212, USD 48,000; Job No. 213, USD 96,000; Job No. 214 (started in 2010), USD 144,000 ; supervision and other indirect labor, USD 120,000 . - Materials used:Job No.212, USD 31,200; Job No.213, USD 57,600; Job No.214, USD 96,000; and indirect materials, USD 4,800 . . Overhead is assigned to jobs at the rate of 50 percent of the actual direct labor costs incurred on each job. Job No. 212 and 213 were completed. Jobs 211 and 212 were sold for USD 540,000 . Construction overhead costs incurred, other than indiret materials and indirect habo- depreciation, USD 12,000 ; beat, light, power, and mifscelancous, uSD 12,000 Prepare joumal entries to recond the preceding datt and close any uoderapplied or ovenapplied pverhead to Cost of Goods Sold