Ch 16 Problems Calculator eBook 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 productio a. Materials purchased on account, $2,280. b. Materials requisitioned and factory labor used: Materials Factory Labor Job No. $2,380 $2,170 101 102 2,650 3,210 103 1,760 1,570 104 5,950 5,900 105 3,780 4,500 106 2,760 2,860 For general factory use 740 3,520 c. Factory overhead costs incurred on account, $4,140. d. Depreciation of machinery and equipment, $1,690. e. The factory overhead rate is $70 per machine hour. Machine hours used: Job No. Machine Hours 101 42 102 15 103 25 104 85 105 30 106 16 Total 213 Check My Work 2 more Check My Work uses remaining eBook Calculator f. Jobs completed: 101, 102, 103, and 105. g. Jobs were shipped and customers were billed as followS: Job 101, $8,990; Job 102, $8,290; Job 105, $14,730. Required: 1. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does r Entries Description Debit Credit Materials v 2,280 Accounts Payable v 2,280 Work in Process v . Factory Overhead v 4,260 Materials v Wages Payable v Factory Overhead v Ic. 4,140 Accounts Payable v 4,140 d. Factory Overhead v 1,690 Accumulated Depreciation-Machinery and Equipment v 1,690 Work in Process v e. Factory Overhead v Ch 16 Problems Calculator eBook Finished Goods v Work in Process v g. Sale Accounts Receivable v Sales v g. Cost of Goods Sold v Cost Finished Goods V 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters Work in Process (b) (e) Bal. Finished Goods (f) V x (a) Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Check My Work3 more Ched My Work uses remaining Ch 16 Problems Calculator eBook Finished Goods x (g) (f) v Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Direct Factory Job Direct Labor Total Materials Overhead No. 104 v No. 106 V Balance of Work in Process, April 30 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Hildreth Company Schedule of Completed Jobs Direct Factory Job Direct Labor Total Materials Overhead Finished Goods, April 30 (Job 103) %24 Check My Work 3 more Cheok My Work uses remainina