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4. prepare a schedule completed jobs on hand to support the balance in the finished goods account.please show work PR 17-2A Entries and schedules for

4. prepare a schedule completed jobs on hand to support the balance in the finished goods account.please show work image text in transcribed
PR 17-2A Entries and schedules for unfinished jobs and completed jobs inatra Iadustries, Inc., uses a job order cost system. The following data summarize the a. Materials purchased on account, $32,760. b. Materials requisitioned and factory labor used: tions related to production for June 2012, the first month of operations: Job 301 302 303 304 305 306 For general factory use Materials $3,290 4,025 2,660 9,030 5,740 4,170 1,200 Factory Labor $3,080 4,160 2,080 7,640 5,810 3,710 4,550 c. Factory overhead costs incurred on account, $6,300. d. Depreciation of machinery and equipment, $2,200. e. The factory overhead rate is $58 per machine hour. Machine hours used Job 301 302 303 304 305 306 Total Machine Hours 26 38 30 80 40 26 240 f. Jobs completed: 301, 302, 303, and 305. ped and customers were billed as follows: Job 301, $9,150; Job 302, $12,350; Job 303, $16,600

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