Problem 2-2A (Video) (Part Level Submission) 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 $29,750 35,700 13,090 51,170 69,020 Direct Labor $28,560 42,840 21,420 57,120 65,450 Manufacturing Overhead $34,272 51,408 25,704 68,544 78,540 Total Costs $92,582 129,948 60,214 176,834 213,010 7641 7642 Other data: 1. 2. 3. 4. 5. 6. Raw materials inventory totaled $17,850 on January 1. During the year, $166,600 of raw materials were purchased on account. Finished goods on January 1 consisted of Job No. 7638 for $103,530 and Job No. 7639 for $109,480. Job No. 7640 and Job No. 7641 were completed during the year. Job Nos. 7638, 7639, and 7641 were sold on account for $630,700. Manufacturing overhead incurred on account totaled $142,800. Other manufacturing overhead consisted of indirect materials $16,660, indirect labor $21,420, and depreciation on factory machinery $9,520. (a) 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. Work in Process Inventory 1/1 L 12/31 Work in process balance Unfinished job