Entries and Schedules for Unfinished Jobs and Completed Jobs Kaymer Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: a. Materials purchased on account, $31,160. b. Materials requisitioned and factory labor used: Job 301 302 303 304 305 306 For general factory use Job 301 302 c. Factory overhead costs incurred on account, $5,880. d. Depreciation of factory machinery and equipment, $1,900. e. The factory overhead rate is $55 per machine hour. Machine hours used: 303 304 305 306 Machine Hours 36 17 34 75 39 Materials 27 $3,080 3,760 2,490 8,440 5,360 3,910 1,050 Factory Labor $2,680 3,620 1,770 6,650 5,070 3,220 3,970

C. Factory overhead costs incurred on actount, 15,880 . d. Depreclation of fectory machinery and equipment, $1,900. e. The factory ovethead rate is 355 per machine hour. Machine hours used. \begin{tabular}{lc} 3ob & Machine Hours \\ \hline 301 & 36 \\ 302 & 17 \\ 303 & 34 \\ 304 & 75 \\ 305 & 39 \\ 306 & 27 \\ Total & 228 \\ \hline \end{tabular} f. Jobs completed: 301,302,303, and 305 . Required 1. Journaize the entries to record the summarizod operations. If an amount box does not mquire an entry, leave it blank Entries and Schedules for Unfinished Jobs and Completed Jobs Kaymer Industries Inc, uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: a. Materials purchased on account, $31,160. b. Materials requisitioned and factory labor used: c. Factory overhead costs incurred on account, $5,880. d. Depredation of factory machinery and equipment, $1,900. e. The factory overhead rate is $55 per machine hour. Machine hours used: trensaction codes. Insert memo account balances as of the end of the mohth. ledger. aterinls to Job71 le Job 72 is 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. the month. Work in processes to 4. Prepare a schedule of completed jobs on hand to support the balance in the finisned goods account