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Becd83b3/question/ ng Question 8 of 8 -13 For the year ended December 31, 2020, the job cost sheets of Cinta Company contained the following data. Job Number 7640 Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs Current year's costs Direct Materials $27.750 33,300 12.210 47,730 64,380 Direct Labor $26,640 39,960 19.980 53.280 61,050 Manufacturing Overhead $31,968 47.952 23.976 63,936 73,260 Total Costs $86,358 121.212 56,166 164.946 198,690 7641 7642 Other data: 1. 2 3 4. 5. Raw materials inventory totaled $16,650 on January 1. During the year. $155,400 of raw materials were purchased on account. Finished goods on January 1 consisted of Job No. 7638 for $96,570 and Job No. 7639 for $102,120. Job No. 7640 and Job No. 7641 were completed during the year. Job Nos. 7638.7639, and 7641 were sold on account for $588,300 Manufacturing overhead incurred on account totaled $133,200. Other manufacturing overhead consisted of indirect materials $15,540, indirect labor $19,980, and depreciation on factory machinery $8.880 6. Prove the agreement of Work in Process Inventory with job cost sheets pertaining to unfinished work. Post each to the T- account in the following order: (1) beginning balance. (2) direct materials. (3) direct labor, (4) manufacturing overhead, and (5) completed jobs % 2 3 4 5 5 6 7 8 WER U 0 0 Question 8 of 8