Robert Perez is a contractor specializing in custom-builtjacuzzis. On May 1, 2017, his ledger contains the followingdata.
Raw Materials Inventory $30,000 Work in Process Inventory 12,200Manufacturing Overhead 2,500 (dr.) The Manufacturing Overheadaccount has debit totals of $12,500 and credit totals of$10,000.

Subsidiary data for Work in Process Inventory on May 1 include: JobCost Sheets Job Manufacturing by Customer Direct Materials DirectLabor Overhead Stiner $2,500 $2,000 $1,400 Alton 2,000 1,200 840Herman 900 800 560 $5,400 $4,000 $2,800

During May, the following costs were incurred: Raw materialspurchased on account $4,000, Labor paid $7,000, and ManufacturingOverhead paid $1,400.

A summary of materials requisition slips and time tickets for themonth of May reveals the following. Job by Customer MaterialsRequisition Slips Time Tickets Stiner $ 500 $ 400 Alton 600 1,000Herman 2,300 1,300 Smith 1,900 2,300 5,300 5,000 General use 1,5002,000 $6,800 $7,000

Overhead was charged to jobs on the basis of $0.70 per dollar ofdirect labor cost. The Jacuzzis for customers Stiner, Alton, andHerman were completed during May. The three Jacuzzis were sold fora total of $36,000.
Instructions (a) Prepare journal entries for the May transactions:(i) for purchase of raw materials, factory labor costs incurred,and manufacturing overhead costs incurred; (ii) assignment of rawmaterials, labor, and overhead to production; and completion ofjobs and(iii) sale of goods. (iii) Post the entries to Work inProcess Inventory. Reconcile the balance in Work in ProcessInventory with the costs of unfinished jobs. (MAKE A SHORT SCHEDULEFOR THIS.)