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Entries and Scheduies for Unfinished Jobs and Completed Jobs Tybee Industries Inc. uses a job onder cost fystem. The following data summarize the operations related

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Entries and Scheduies for Unfinished Jobs and Completed Jobs Tybee Industries Inc. uses a job onder cost fystem. The following data summarize the operations related to production for January, the first month of coerations: a. Materials purchased on account, $2,200. b. Materials requigitioned and factory labor usedi c. Factory overtiead costs incurred on account, 53,800 . d. Depreciation of machinery and equipment, $2,000. e. The factory overthead rate is $70 per machine hour. Machine hours used C. Factory overhead costs incurred on account, $3,600 d. Depreciation of machinery and equipment, $2,000 e. The factory overhead rate is 570 per mochine hour, Machine hours used: t. Jobs completed:-301, 302, 303, and 305 9. Jobs were shipped and customers were billed as follows: 10b 301,$8,450;100302,$9,400;10b303,$18,560, 1. Journsitre the entries to record the summarized operations. For a compound transaction, If an amount box does not require an antry, leave it blank 2. Post the appropriate entries to T accounts for Work in Protess and Finished Goods, using the identifying letters as transaction codes. Inisert ineme account balances as of the end of the month. 3. Prepare a schedule of unfinished jobs to support the balance in the worx m puumm wumunt. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of completed jobs on hand to support the baiance in the finished goods account

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