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Complete General Journal, T Accounts, Schedule of unfinished jobs and schedule of finished jobs, given the instructions Ottoson Fencing inc uses job order costing. The

Complete General Journal, T Accounts, Schedule of unfinished jobs and schedule of finished jobs, given the instructions
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Ottoson Fencing inc uses job order costing. The followng data summarize the operations related to production for December, the first month of operation a. Materials purchased on account, 528,610 b Matenals reguisitioned and factory labor used c. Factory overhead costs incurred on account, $5,710 d. Depreciation of machinery and equipment, 51,910 e. The factory overhead rate is $55 per machine hour Machine hours used 1. Jobs completed 301,302,303 and 305 9. Jobs were shipped and customers were billed as follo , Job 301,$8,520,Job302,$10,770,Job303,$15,650. Required: 1. Journalize the enthes to record the summauzed operabons. Record each tem (dems a-f) as an individeal entry on December 31. Record tern 9 as 2 entries 2. Post the approgniate entries fo T accounts for workin frocess aod Finshed Goodo using the identiying letrers as transachon codes insert memo account balances as of the end or the month. 3. Prepare a schedule of uninished jobs to support the balance in the work in orocoss occount. 4. Prepare a schedue of compioted oobs on nand to aupport the palance in the frwshed goods account Entries and schedules lor unlinistied jobs and completed jobs \begin{tabular}{|l} instructiasis \\ Penoral Jiumal \end{tabular} 3 Prepare a schadede of unhnished jobs fo suppont the balance in the work in process account Schindile of Uinfinished inhs linstriction 4. Proplare a scheduie of completedjobs or hund to support the baliunce in fhe finshed ooods account Sehedume of Comaleted doby inttfiction

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