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 2014, the first month of operations a. Materials purchased on account, $147,000. b. Materials requisitioned and factory labor used: Job No. Materials factory Labor 101 $19,500 $19,320 23,100 28,140 102 13,440 14,000 103 104 38.200 36,500 105 18,050 15,540 106 18,000 18,700 For general factory use 9,000 20,160 c. Factory overhead costs incurred on account, $6,000. d. Depreciation of machinery and equipment, $4,100. e. The factory overhead rate is $40 per machine hour. Machine hours used: Job Machine Hours 154 102 160 103 126 104 105 160 106 174 Total 1,012 f Jobs completed: 101, 102, 103, and 105 g, Jobs were shipped and customers were billed as follows: Job 101, $62,900; Job 102, $80,700 Job 105, $45,500