Entries and schedules for unfinished jobs and completed jobs instruction Chart ut Accounts Amount Descriptions Journal T Accounta V Instructions Kurtz Fencing Inc. unes aleborder.cost.sator. The following data summarize the operations related to production for March, the first month of operations a. Materials purchased on account. $45.000 b. Materials requisition and factory labor used: Job Materials Factory Labor $2.500 301 $ 1.850 3,150 302 303 2,200 304 1,800 7.220 5.350 2.400 6.225 2.900 305 4230 306 1,770 For general factory use 1,200 5.000 c. Factory overhead costs incurred on account, $1,800 d Depreciation of machinery and equipment, $2,500 The factory overhead rates $30 per machine hout Machine hours used Job Machine Hours 301 30 30 Instructions Poruly use w 200 c. Factory overhead costs incurred on account, $1,800. d. Depreciation of machinery and equipment, $2,500. e. The factory overhead rate is $30 per machine hour. Machine hours used Job Machine Hours 301 30 302 00 303 41 304 63 305 70 306 36 Total 300 1. Jobs completed: 301, 302, 303, and 305 9 Jobs were shipped and customers were billed as follows: Job 301, $8,500; Job 302, $16.150; Job 303. $13.400 Required: heck My Work 304 03 305 70 306 36 Total 300 1. Jobs completed: 301, 302, 303, and 306 a Jobs were shipped and customers were billed as follows: Job 301,58,500: Job 302, 816,150; Job 309, $13,400. Required: 1. Journalize the entries to record the summarized operations. Record ench Mom (lters a-1) as an individual entry on March 31. Record term g as 2 entries. Refer to the Chart of Accounts for exact wording of account tintes 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying offers as transaction codes. Insert momo account balances as of the end of the month. For grading purposes enter transactions in alphabetical order. Determine the correct ending balance. The ending balance label is provided on the fort side of the Taccount even when the ending balance is a credit The unused cell on the balance line should be left blank 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account "Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries