The following account appears in the ledger after only part of the postings have been completed for March:
Work in Process
Balance, March 1 ........ $15,700
Direct materials ......... 84,700
Direct labor ........... 63,200
Factory overhead ......... 92,100
Jobs finished during March are summarized as follows:
Job 320 ........... $56,800
Job 326 ........... 74,600
Job 327 ........... $23,100
Job 350 ........... 93,700
a. Journalize the entry to record the jobs completed.
b. Determine the cost of the unfinished jobs at March 31.