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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

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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. Materiais purchased on account, $2,510. b. Materials requisitioned and factory labor used: c. Factory overhead costs incurked on account, $6,470, d. Depreclation of machinery and equipment, $2,010. e. The factory overhead rate is $75 per machine hour, Machine hours used: c. Factory overhead costs incurred on account, $6,470. d. Depreciation of machinery and equipment, $2,010. e. The factory overhead rate is $75 per machine hour. Machine hours used: f. Jobs completed: 101, 102, 103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101, $11,060; Job 102, $12,880; Job 105, $21,010. 1. Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, Uling the identifying letters as transaction codes. Insert memo account balances as of the end of the month

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