Entries and Schedules for Unfinished Jobs and Completed Jobs Hildeth 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, $1,930. b. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $3,230 3,940 $2,600 3,510 102 103 2,620 1,720 104 8,850 6,450 105 5.620 4,910 4,100 106 For general factory use 3.120 3,850 1.100 C. Factory overhead costs incurred on account. $6,170. d. Depreciation of machinery and equipment, 51,850. e. The factory overhead rate is $60 per machine hour. Machine hours used: Job No. Machine Hours 101 43 102 35 Job No. Machine Hours 101 43 102 35 103 28 104 77 105 15 106 21 Total 219 f. Jobs completed: 101, 102, 103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101, $10,090; Job 102, $11,460; Job 105, $17,460. Required: 1. Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. Entries Description Debit Credit a. b. eBook Print Item C. 11 d. e. g. Sale 0. Sale 0 Cost 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