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, $2,230. b. Materials requisitioned and factory labor used: Materials Factory Labor Job No. 101 102 103 104 105 106 For general factory use $2,760 3,370 2,240 7,560 4,800 3,510 940 $2,560 3,460 1,690 6,350 4,840 3,070 3,790 c. Factory overhead costs incurred on account, $5,270. d. Depreciation of machinery and equipment, $1,820. e. The factory overhead rate is $35 per machine hour. Machine hours used: Job No. 101 102 103 104 105 106 Total Machine Hours 34 29 30 79 39 244 f. Jobs completed: 101, 102, 103, and 105 g. Jobs were shipped and customers were billed as follows: Job 101, $7,810; Job 102, $9,410; Job 105, $14,440 Required: Entries Description Debit Credit Materials 2,230 V Accounts Payable 2,230 Work in Process Factory Overhead Materials Wages Payable b. C. Factory Overhead Accounts Payable d. Factory Overhead Accumulated Depreciation-Machinery and Equipment v Work in Process Factory Overhead Finished Goods Work in Process v 9. Sale Accounts Receivable Sales v