The following costs were incurred in February 2013 by Container Corp., which produces customized steel storage bins:

The balance in Work in Process Inventory on February 1 was $ 16,800, which consisted of $ 11,200 for Job # 217 and $ 5,600 for Job # 218. The February beginning balance in Direct Material Inventory was $ 44,600. Actual overhead is applied to jobs at a rate of $ 4.95 per dollar of direct labor cost. Job # 217 was completed and transferred to Finished Goods Inventory during February. Job # 217 was delivered to the customer at the agreed- upon price of cost plus 35 percent.
a. Prepare journal entries to record the preceding information.
b. Determine the February ending balance in WIP Inventory. How much of this balance relates to Job #218?

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Direct material purchased on account Direct material used for jobs: S 76,000 Job #217 Job #218 Other jobs $44,800 7,200 53,600 105.600 Direct labor costs for month: Job #217 Job # 18 Other jobs 2 $10,400 14,000 19,600 44,000 220,000 Actual overhead costs for February