Question: the red is incorrectplease give me the right answer Exercise 15-2 5tine Company uses a ob order cost system on May 1 the company has



the red is incorrectplease give me the right answer
Exercise 15-2 5tine Company uses a ob order cost system on May 1 the company has a balance in work in Process Inventory of 3,920 and two obs in process: Job No. 429 $2,490, and Job No 430-$1,430. During May, a summary of source documents reveals the following Materials Labor Time Tickets Job Number Requisition slips 2,710 4,040 4.730 2,230 3,500 7,950 431 General use $11,480 970 $12,450 $13,590 1,300 $14,890 Stine CornpariY applies manufacturino overhead tu lobs at an overhead rate of 63% uf direct labor cost. Job No. 429 1s umpleted during the morth. Your answer is partially correct. Try again. Prepare summary journal entries to record (1) the requisition slips, (2) the time tickets, (3) the assignment of manufacturing overhead to jobs, and (4) the completion of Job No. 429. (Credit account titles are automatically indented when amount is entered. Do not Indent manually, Round answwers to 0 declaal places, e.g. 5,275) No. Date Account Titles and Explanation (1] May 31 Work in Process Inventory Debit Credit 11180 970 Raw Materials Inventory 12450
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