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, $3,320. b. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $2,960 $1,950 102 3,610 2,630 103 2,400 1,290 104 8,110 4,840 105 5,150 3,690 106 2,340 For general factory use 3,760 1,010 2,890 c. Factory overhead costs incurred on account, $5,650. d. Depreciation of machinery and equipment, $1,380. e. The factory overhead rate is $65 per machine hour. Machine hours used: c. Factory overhead costs incurred on account, $5,650. d. Depreciation of machinery and equipment, $1,380. e. The factory overhead rate is $65 per machine hour. Machine hours used: Job No. Machine Hours 101 24 102 27 103 18 104 70 105 35 106 24 Total 198 f. Jobs completed: 101, 102, 103, and 105. g. Jobs were shipped and customers were billed as follows: Job 101, $7,760; Job 102, $9,590; Job 105, $14,090. 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. b. d. ENG 12:10 9/19/20 57% OBI 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