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2. Post the appropriate entries to T accounts for work in rrocess and Finished Goods; using the identifying letters as transaction codes, inselt memo account

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2. Post the appropriate entries to T accounts for work in rrocess and Finished Goods; using the identifying letters as transaction codes, inselt memo account balances as of the end of the month. of the end of the month. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Entries and Schedules for Unfinished Jobs and Completed Jobs Tybee Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: a. Materials purchased on account, $2,690. b. Materials requisitioned and factory labor used: c. Factory overheod costs incurred on account, $4,450. d. Depreciation of machinery and equipment, $1,450. e. The factory overhead rate is $70 per machine houn Machine hours used: f. Jobs completed: 301, 302, 303, and 305 . 9. Jabs were shipped and customers were blled as follaws: Job 301,57,760; Jab 302, 510,070;.206303,$17,920. Required: 1. Journalize the entries to record the summorized operations. For a compound transoction, if an amount box does not require an entry, leave it blank. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account

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