Question: Please answer it all clearly so I can read it and understand well 2. Foster Manufacturing uses a job order cost accounting system. On April
2. Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of RM7,600 and two jobs in process: Job No 221, RM3,600, and Job No. 222, RM4,000. During April, a summary of source documents reveals the following For Job No. 221 Materials Requisition Slips abor Time Tickets RM1,200 1,700 2,400 2,600 RM1,600 2,200 2,900 2,800 223 224 General use Totals 60 RM8,500 RM9,900 Foster applies manufacturing overhead to jobs at an overhead rate of 60% of direct labor cost. Job No. 221 is completed during the month Instructions (a) Prepare summary journal entries to record the raw materials requisitioned, factory labor used, the assignment of manufacturing overhead to jobs, and the completion of Job No. 221 (b) Calculate the balance of the Work in Process Inventory account at April 30
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