18 entries on journal

Kaymer Industries inc. uses a job ordor cost system. The following data summarize the operations related to production for January, the first month of operations: a. Materials purchased on account, $33,100. b. Materials reguisitioned and factory labor used: c. Factory overhead costs incurred on account, $6,470. d. Depreciation of factory machinery and equipment, $1,790. e. The factory overthead rate is $65 per machine hour. Machine hours used: 1. Jobs completed: 301,302,303, and 305 . 9. Jobs were shipped and customers were bilied as follows: Job 301, \$23,450; Job 302, \$19,210; Job 303, \$17,360, Aequired: 1. Joumalize the entries to record the summarized operations. Record each item (Ntems a-1) as an individual entry on January 31 . Aecord item 1. Jobs completed: 301, 302, 303, and 305 . 9. Jobs were shipped and customers were billed as follows: Job 301,$23,450; Job 302,$19,210;Job303,$17,360. Required: 1. Joumalize the entries to record the summarized operations. Record each item (items a-1) as an individual ontry on January 31. Aecord ifem g as 2 entries. Fefer to the chart of accounts for the exact wording of the account tites. CNOW joumals do not use lines for joumal explanations. Every line on a joumal page is used for debit or credit entries. CNOW joumals will automatically indent a credit entry when a credit amount is entered 2. Post the appropriate entries to T acoounts for Work in Process and Finished Goods, using the identilying letters as transaction codes. Determine the correct ending balance. The ending balance label is provided on the left side of the T account oven whon the ending balance is a credit. The unused cell on the balance line should be leff blank. 3. Prepare a schedule of unfinished jobs to support the balance in the work in protoss account." 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account" - Fefer to the list of Amount Descriptions for the exact wording of the answer choices for text entries. 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifing iotiers as transaction codes. Determine the correct encling balance. The ending balance label is provided on the left side of the T account even when the ending balance is a credit. The unused cell on the balance line should be left blank, 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Fefer to the list of Amount Descriptions for the exact wording of the answer choices for fext entries. 4. Prepare a schedule of completed jobs on hand fo support the balance in the finished goods account. Fofer to the list of Amount Descriptions list for the exact wording of the answer choices for text entries