Foster Manufacturing Uses a Job Order Cost Accounting System Foster Applies Manufacturing Overhead to Jobs at an Overhead Rate

Foster Manufacturing uses a job order cost accounting system. On April 1 the company has Work in Process Inventory of $7600 and two jobs in process: Job No. 221 $3600 and Job No. 222 $4000. During April a summary of source documents reveals the following: $\begin{array}{rcc}\text { For } & \text { Materials Requisition Slips }& \text { Labor Time Tickets }\\\hline \text { Job No. } 221 & \$ 1,200 & \$ 2,100 \\222 & 1,700 & 2,200 \\223 & 2,400 & 2,900 \\224 & 2,600 & 2,800 \\\text { General use } & 6 0 0 & 400 \\\text { Totals } & \$ 8,500 & \$ 10,400\end{array}$
Foster applies manufacturing overhead to jobs at an overhead rate of 70% of direct labor cost. Job No. 221 is completed during the month.
Instructions
(a) Prepare summary journal entries to record the raw materials requisitioned factory labor used the assignment of manufacturing overhead to jobs and the completion of Job No. 221.
(b) Calculate the balance of the Work in Process Inventory account at April 30.