Job Order Cost System
Continental Company Uses a Job Order

Job order cost system
Continental Company uses a job order cost accounting system. During March, three jobs were completed and the costs were computed as follows: job no. 1, $89,000; job no. 2, $58,800; job no. 3, $54,000. As of March 31, the following amounts had been charged to the Work in Process Inventory controlling account in the general ledger:
$\begin{array}{l}\text { Work in Process Inventory }\\\begin{array} { | l | r | } \hline \text { Balance, Mar. l } & 33,800 \\\hline \text { Direct labor } & 48,000 \\\hline \text { Manufacturing overhead } & 83,200 \\\hline \text { Direct materials } & 72,000 \\\hline & \\\hline\end{array}\end{array}$
(a) Prepare the general journal entry to reflect the jobs completed during March:
$$\begin{array} { | c | c | c | } \hline & \text { Debit } & \text { Credit } \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}$$
(b) Compute the cost of the unfinished jobs at March 31. $___________