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can you please explain how to get each answer? Entries and Schedules for Unfinished Jobs and Completed Jobs Hildreth Company uses a job order cost

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Entries and Schedules for Unfinished Jobs and Completed Jobs Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations: a. Materials purchased on account, $3,280. b. Materials requisitioned and factory labor used: Job No. Materials $2,320 101 Factory Labor $2,890 3,900 102 2,830 1,880 103 1,910 7,170 104 6,360 105 5,460 106 4,040 2,950 790 3,470 For general factory use 4,280 c. Factory overhead costs incurred on account, $4,430. d. Depreciation of machinery and equipment, $2,050. e. The factory overhead rate is $45 per machine hour. Machine hours used: Job No. Machine Hours 101 27 102 21 103 37 104 85 105 19 106 27 Total 216 f. Jobs completed: 101, 102, 103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101, 67,710; Job 102, 49,210; Job 105, 515,820. Required: 1. Journalize the entries to record the summarized operations. For a compound transaction, it an amount box does not require an entry, leave it blank. Entries Description Debit Credit Materials 3,280 Accounts Payable 3,280 b. Work in Process Factory Overhead Materials Wages Payable C. Factory Overhead Accounts Payable Factory Overhead Accumulated Depreciation Machinery and Equipment Work in Process Factory Overhead Finished Goods f. Finished Goods Work in Process IL 9. Sale Accounts Receivable Sales 9. Cost of Goods Sold Cost Finished Goods 2. Post the appropriate entries to accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month. Work in Process (b) (0) (e) Bal. Finished Goods (1) (9) Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account Hildreth Company Schedule of Unfinished Jobs Job Direct Materials Direct Labor Factory Overhead Total No. 104 $ No. 106

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