Entry for Jobs Completed; Cost of Unfinished Jobs The following account appears in the ledger prior to recognizing the jobs completed in January: Work in Process Balance, January 1 $12,780 Direct...

Extracted text: Entry for Jobs Completed; Cost of Unfinished Jobs The following account appears in the ledger prior to recognizing the jobs completed in January: Work in Process Balance, January 1 $12,780 Direct materials 103,900 Direct labor 112,080 Factory overhead 58,920 Jobs finished during January are summarized as follows: Job 210 $51,780 Job 216 31,640 Job 224 60,410 Job 230 106,440 a. Journalize the entry to record the jobs completed. If an amount box does not require an entry, leave it blank. b. Determine the cost of the unfinished jobs at January 31.