Answer:
<u>Foster Manufacturing </u>
<u>Journal Entries</u>
<u>Sr. No                       Particulars                       Debit           Credit</u>
1                    Work in Process Job No. 221        1200
                     Work in Process Job No. 222      1700
                    Work in Process Job No. 223       2400
                     Work in Process Job No. 224      2600
          Factory Overhead  Indirect Materials      600
                               Materials Inventory                                  8500
Materials Requisitioned to specific jobs work in process inventory.
2. Direct Labor    Work in Process Job No. 221        1600
      Direct Labor  Work in Process Job No. 222      2200
   Direct Labor    Work in Process Job No. 223       2900
     Direct Labor Work in Process Job No. 224      2800
                                                    Indirect Labor      400
                                       Payroll                                               9500
                                          Factory OverheadControl               400
Direct Labor used for specific jobs.
3.          Work in Process Job No. 221              1120
                     Work in Process Job No. 222      1540
                    Work in Process Job No. 223       2030
                     Work in Process Job No. 224      1960  
                          Manufacturing Overheads                            6930
Manufacturing Overheads applied to specific jobs at the rate of 70%.
4.     Finished Goods Inventory          $ 7940
       Opening   Work in Process Job No. 221                       3600
          Work in Process Job No. 221 Materials                     1200
          Work in Process Job No. 221 Direct Labor               1600
          Work in Process Job No. 221 MOH                          1540
Job 221 completed and transferred to finished goods.