1. 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:

   1. Materials purchased on account, $147,000.
   2. Materials requisitioned and factory labor used:

      Job No.	Materials		Factory Labor
      101	$19,320		$19,500
      102	23,100		28,140
      103	13,440		14,000
      104	38,200		36,500
      105	18,050		15,540
      106	18,000		18,700
      For general factory use	9,000		20,160

   3. Factory overhead costs incurred on account, $6,000.
   4. Depreciation of machinery and equipment, $4,100.
   5. The factory overhead rate is $40 per machine hour. Machine hours used:

      Job No.	Machine Hours
      101	154
      102	160
      103	126
      104	238
      105	160
      106	174
      Total	1,012

   6. Jobs completed: 101, 102, 103, and 105.
   7. Jobs were shipped and customers were billed as follows: Job 101, $62,900; Job 102, $80,700; Job 105, $45,500.

   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.

   Entries	Description	Debit	Credit
   a.
   b.
   c.
   d.
   e.
   f.
   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
   Bal.

   Finished Goods
   Bal.

   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 Schedule of Completed Jobs
   Job	Direct Materials		Direct Labor		Factory Overhead		Total
   	$		$		$		$