During the first quarter, Roland Company incurs the following direct labor costs: January $53,000, February $59, 200, and March $74, 200.

For each month, prepare the entry to assign overhead to production using a predetermined rate of 80% of direct labor cost.

In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $26, 360 and Job 11 $34, 050. On March 31, Job 10 is sold to the customer for $49, 420 in cash.

Journalize the entries for the completion of the two jobs and the sale of Job 10.