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 production for April, the first month of operations: a. Materials purchased on account, $3,020. b. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $2,100 $3,220 102 2,560 4,350 2,130 103 1,700 5,750 104 7,990 105 3,650 6,090 106 2,670 3,860 For general factory use 710 4,770 c. Factory overhead costs incurred on account, $4,010. d. Depreciation of machinery and equipment, $2,290. e. The factory overhead rate is $35 per machine hour. Machine hours used: Job No. Machine Hours 101 18 102 34 103 35 c. Factory overhead costs incurred on account, $4,010. d. Depreciation of machinery and equipment, $2,290. e. The factory overhead rate is $35 per machine hour. Machine hours used: Job No. Machine Hours 101 18 102 34 103 35 104 80 105 15 106 43 Total 225 f. Jobs completed: 101, 102, 103, and 105. g. Jobs were shipped and customers were billed as follows: Job 101, $7,140; Job 102, $9,720; Job 105, $14,660. Required: 1. Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. Description Debit Entries Credit a. Jobs completed 101, 102, 103, and 105 9. Jobs were shipped and customers were billed as follows: Job 101, $7,140; Job 102, 59,720; Job 105, $14,660. 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 d. g Sale G Cost 2. Post the appropriate entries to T 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 2. Post the appropriate tres to accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes Tretmemo count balances se end of the month Work in Process Bal Finished Goods Bal 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account Hildrethe Company Schedule of unfinished Jobs Total Direct Materials Factory Overhead Job Direct Labor Balance of Work in Process, April 30 Bat 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Job Direct Materials Direct Labor Factory Overhead Total 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 5chedule of Completed Jobs Job Diree Materials Direct Labor Factory Overhead Total