During August, Leming Inc. worked on two jobs. Data relating to these two jobs follow:

	Job 64	Job 65
Units in each order	50	80
Units sold	50	--
Materials requisitioned	$3,560	$785
Direct labor hours	410	583
Direct labor cost	$6,720	$9,328

Overhead is assigned on the basis of direct labor hours at a rate of $11. During August, Job 64 was completed and transferred to Finished Goods. Job 65 was the only unfinished job at the end of the month.

	Required:
1.	Calculate the per-unit cost of Job 64.
2.	Compute the ending balance in the work-in-process account.
3.	Prepare the Aug. 31 journal entries reflecting the completion and sale on account of Job 64. The selling price is 175% of cost. Refer to the chart of accounts for account titles. Round all journal entry amounts to the nearest dollar.

1. Calculate the per-unit cost of Job 64.

The per-unit cost of Job 64 is .

2. Compute the ending balance in the work-in-process account.

The ending balance in the work-in-process account is .

3. Prepare the Aug. 31 journal entries reflecting the completion and sale on account of Job 64. The selling price is 175% of cost. Refer to the Chart of Accounts for the exact wording of account titles. Round all journal entry amounts to the nearest dollar.

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GENERAL JOURNAL

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