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, $147,000. b. 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 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 101 154 102 160 103 126 104 238 105 160 106 174 Total 1,012 f. Jobs completed: 101, 102, 103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101, $62,900; Job 102, $80,700; Job 105, $45,500. Required: 1. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank. Entries Description Debit Credit a. Materials Accounts Payable b. Work in Process Factory Overhead Materials Wages Payable C. Factory Overhead Accounts Payable d. Factory Overhead Accumulated Depreciation-Machinery and Equipment Ve. Work in Process Factory Overhead f Finished Goods Work in Process g. Sale Accounts Receivable Sales g. Cost Cost of Goods Sold Finished Goods3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Balance of Work in Process, April 30 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. 4$:]$:]$:l$l:]