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, $1,890.
   2. Materials requisitioned and factory labor used:

      Job No.	Materials		Factory Labor
      101	$2,030		$2,240
      102	2,480		3,020
      103	1,640		1,480
      104	5,560		5,560
      105	3,530		4,230
      106	2,580		2,690
      For general factory use	690		3,320

   3. Factory overhead costs incurred on account, $3,880.
   4. Depreciation of machinery and equipment, $1,590.
   5. The factory overhead rate is $45 per machine hour. Machine hours used:

      Job No.	Machine Hours
      101		22
      102		34
      103		15
      104		67
      105		38
      106		37
      Total		213

   6. Jobs completed: 101, 102, 103, and 105.
   7. Jobs were shipped and customers were billed as follows: Job 101, $6,310; Job 102, $8,440; Job 105, $11,010.

   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.	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
   e.	Work in Process
   	Factory Overhead
   f.	Finished Goods
   	Work in Process
   g. Sale	Accounts Receivable
   	Sales
   g. Cost	Cost of Goods Sold
   	Finished Goods

   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
   (b)		(f)
   (e)
   Bal.

   Finished Goods
   (e)		(g)
   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
   No. 104	$		$		$		$
   No. 106
   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
   Finished Goods, April 30 (Job 105)	$		$		$		$