The following account appears in the ledger prior to recognizing the jobs completed in January:

                                                        Work in Process

Balance, January 1...........................$ 85,800

Direct materials..............................115,000

Direct labor....................................140,000

Factory overhead..........................296,200

Jobs finished during January are summarized as follows:

a. Journalize the entry to record the jobs completed.

b. Determine the cost of the unfinished jobs at January 31.

Transcribed Image Text:

Job 224 $232,190 Job 210 $182,500 Job 216 Job 230 67,250 78,300