Entries and Schedules for Unfinished Jobs and Completed Jobs Staircase Equipment Company uses a job order cost system. The following data summarize the operations related to production for April 2014, the first month of operations: a. Materials purchased on account, $3,200. b. Materials requisitioned and factory labor used: Materials Factory Labor Job No. 301 No. 302 No. 303 No. 304 No. 305 No. 306 For general factory use S3,230 3,940 2,620 8,850 5,620 4,100 1,100 $1,840 2,480 1,210 4,560 3,480 2,210 2,720 c. Factory overhead costs incurred on account, $6,170. d. Depreciation of machinery and equipment, $1,310 e. The factory overhead rate is $50 per machine hour. Machine hours used: Job No. 301 No. 302 No. 303 No. 304 No. 305 No. 306 Total Machine Hours 27 15 43 85 18 15 203 f. Jobs completed: 301, 302, 303, and 305 g. Jobs were shipped and customers were billed as follows: Job 301, $7,700; Job 302, $8,600; Job 303, $17,340. Required: 1. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "O