Problem 20-2A (Part Level Submission) For the year ended December 31, 2017, the job cost sheets of Cinta Company contained the following data. Job Number 7640 Direct Materials Direct Hanufacturing Labor Total OverheadCosts Explanation Balance 1/1 Current year's costs Balance 1/1 Current year's costs $28,000 $26,880 600 40,320 12,320 20,160 48,160 53,760 64,960 61,600 32,256 $87,136 48,384 122,304 24,192 56,672 64,512 166,432 73,920 200,480 33 7641 7642 Current year's costs Other data: 1. Raw materials inventory totaled $16,800 on January 1. During the year, $156,800 of raw materials were purchased on account 2. Finished goods on January 1 consisted of Job No. 7638 for $97,440 and Job No. 7639 for $103,040. 3. Job No. 7640 and Job No. 7641 were completed during the year 4. Job Nos. 7638, 7639, and 7641 were sold on account for $593,600 S. Manufacturing overhead incurred on account totaled $134,400. 6. Other manufacturing overhead consisted of indirect materials $15,680, indirect labor $20,160, and deprecilation on factory machinery $8,960