could you also please explain how you solved journals b. f. and g.? thank you
Entries and Schedules for Unfinished and complete Hildreth Comorny uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations: 3. Materials purchased on account, $2,150. b. Materials requisitioned and factory Inbor used: Job No. Materials $2,980 Factory Labor $2,800 101 102 3,780 1,850 103 104 6,940 3,640 2,410 8,170 5,190 3,780 1,010 105 5,290 3,360 105 For general factory use 4,140 Factory overhead costs incurred on account, $5,690. d. Depreciation of machinery and equipment, $1,990. e. The factory overhead rate is $70 per machine hour. Machine hours used: Job No. Machine Hours 101 22 35 102 103 15 104 72 Check My Work nment Score: 78.68% All work saved Chapter 16 PR 16-18. PR 16-26 101 22 102 35 103 104 15 72 23 31 105 105 Total 198 f. Jobs completed: 101, 102, 103, and 105 Jobs were shipped and customers were billed as follows: Job 101, $8,780; Job 102, $11,840; Job 105, $15,400. Required: 1. Journalize the entries to record the summarized operations. For a compound transaction. If an amount box does not require an entry, leave it blank Antries Description Debit Credit Materials 2,150 Accounts Payable 2,150 Work in Process Factory Overhead Materials Wages Payable Check My Work Assignment Score: 73.68% All work saved Chapter 16 PR 16-18, PR 16-2B BOOK Factory Overhead 5,690 Accounts Payable 5,690 d. Factory Overhead 1,990 Accumulated Depreciation Machinery and Equipment 1,990 le Work In Process 13,860 Factory Overhead 13,860 Finished Goods Work in Process 9 Sale Accounts Receivable v Sales 9 Cost Cost of Goods Sold Finished Goods 2. Post the aparopriate entries to accounts on Goods using anti la transaction codes Check My Work 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 (F) 13,860 (b) (0) Bal Finished Goods (a) (0) Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account Hildeth Company Schedule of Unfinished Jobs Direct Job Direct Labor Factory Overhead Total No. 104 NO. 106 Balance of Work in Process, April 30 4. Para chedule of completed jobs in hand to opport the balance the finished goods account CH W 8 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Schedule of United Jobs Job Direct Pintaras Direct Labor Factory Overhead Total No. 104 5 I No. 106 Balance of Work In Process, April 30 > Prepare a schedule of completed Jobs on hand to support the balance in the finished goods account Hiidreth Company Schedule of Completed obs Joh Direct Materials Direct Labor Factory Overhead Total Finished Goods, April 30 (Job 103) $ Check My Work
