Complete set ter 5 Connect Assignment Problem 5-21 T-Accounts: Overhead Rates; Journal Entries [LO3, LO4, LOS, LOT] Kenworth Company uses a job order costing system. Only three jobs-Job 105, Job 106, and Job 107-were worked on November and December. Job 105 was completed on December 10; the other two jobs were still in production on Decen end of the company's operating year. Data from the job cost sheets of the three jobs follow: Job Cost Sheet Dob 105 ob 186 Dob 107 $ 19,5e9 $ 12,300 $ $ 16,000 $10,000 $ $ 24,90 15,000 $ E November costs incurred: Direct materials Direct labour Manufacturing overhead December costs incurred: Direct materials Direct labour Manufacturing overhead $ $ 9,780 $ 27, 300 $ 6,250 $ 7,500 $ 13,000 ? The following additional information is available: a. Manufacturing overhead is applied to jobs on the basis of direct labour cost. b. Balances in the inventory accounts at November 30 were as follows: Raw Materials Work in Process Finished Goods $ 49,000 ? $100,000