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 , $2,620

b. Materials requisitioned and factory labor used:

Print Item O. MOLITONS TSITOM TOULUTYTUT US Job No. Materials 101 Factory Labor $3,210 102 103 104 $2,100 2,560 1,700 5,750 3,650 2,670 710 4,330 2,120 7,960 6,070 105 106 3,850 For general factory use 4,750 c. Factory overhead costs incurred on account, $4,010. d. Depreciation of machinery and equipment, $2.280. e. The factory overhead rate is $55 per machine hour. Machine hours used: Job No. Machine Hours 101 19 02 34 103 32 1104 80 105 34 1106 39 ora za REAL Calculator Print Item 106 2,670 For general factory use 3,850 710 4,750 c. Factory overhead costs incurred on account, $4,010. d. Depreciation of machinery and equipment, $2,280. e. The factory overhead rate is $55 per machine hour. Machine hours used: Job No. Machine Hours 101 19 102 34 103 32 104 80 105 34 106 39 Total 238 1. Jobs completed: 101, 102, 103, and 105. 9 Jobs were shipped and customers were billed as follows: Job 101, $7,630; Job 102. $10,510; Job 105 $15.180. Required: 1 cumalize the entries to record the summanred operation amount box does not require an entry, leave it bank Entries Description Debit Credit 2.620 Udiculdlor Print Item a. Materials Accounts Payable 2,620 2,620 Work in Process Factory Overhead Materials Wages Payable Factory overtad Accounts Payable actory Overhead Amated De Machi Biment le face Chread