Der 10-2-(Part Level S ision) Vaughn Company was border com . on May 1, the company has b During Mays a summary of source documents reveals the following een a nventory of $15.00 Prometry and Job Number Requisition Slips $2,710 3,500 ,00 4,730 $11.400 General use Vaughn Company applies manufacturing overed to be at an overhead rate of row of direct to conto No. 429 completed during the month e 410 (a ) (a) Record the May I investory balances and the factory or incurred (1) Record (1) material wage from ru n wipe (2) factory borsage from time the m e of manufacturing overhead to hand (4) the competin (Enter negative amounts using her a negative in preceding the number of parenthe (4). Manufacturing Costs Raw Materiale inventory Factory Manufacturing Overhead Work in Process Inventory Finished Gode ventry () incurred factory labor (a (a) (b) b) Record the May 1 Inventory balances and the factory labor incurred. Record (1) material usage from requisition slips, (2) factory labor usage from time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. (Enter negative amounts using either a negative sign preceding the numbers. -45 or parentheses (45).) Manufacturing Costs Raw Materials Inventory Factory Labor Manufacturing Overhead Work In Process Inventory Finished Goods Inventory (a) Balances (b) incurred factory labor (b) Direct materials (b) Indirect materials (b) Direct labor (6) Indirect labor (b) Assign Manufacturing overhead (b) Completion of job No. 429 Balance