Yurman Inc. uses a job-order costing system. During the month of May, the following transactions occurred: May 1 Purchased materials on account for $29,720. 3 Requisitioned materials totaling $24,510 for use in production. Of the total, $9,190 was for Job 58, $8,880 for Job 59, and the remainder for Job 60. 31 Incurred direct labor for the month of $34,580, with an average wage of $19 per hour. Job 58 used 810 hours; Job 59, 620 hours; and Job 60, 390 hours. 31 Incurred and paid actual overhead of $17,860 (credit Various Payables). 31 Charged overhead to production at the rate of $4.90 per direct labor hour. 31 Completed and transferred Jobs 58 and 59 to Finished Goods. 31 Sold Job 57 (see beginning balance of Finished Goods) and Job 58 to their respective clients on account for a price of cost plus 40%. Beginning balances as of May 1 were: Materials $2,280 Work in Process 0 Finished Goods (Job 57) 25,620 Prepare journal entries for transactions from May 1 through 31.