During August, Skyler Company worked on three jobs. Data relating to these three jobs follow:

Overhead is assigned on the basis of direct labor hours at a rate of $2.30 per direct labor hour. During August, Jobs 39 and 40 were completed and transferred to Finished Goods Inventory. Job 40 was sold by the end of the month. Job 41 was the only unfinished job at the end of the month.
Required:
1. Calculate the per-unit cost of Jobs 39 and 40. (Round unit costs to nearest cent.)
2. Compute the ending balance in the work-in-process inventory account.
3. Prepare the journal entries reflecting the completion of Jobs 39 and 40 and the sale of Job
40. The selling price is 140 percent of cost.

Job 40 100 100 680 400 $2,480 Job 39 Job 41 Units in each order Units sold Materials requisitioned Direct labor hours Direct labor cost 60 80 S700 360 $1,980 S 800 200 $1,240