Entries and Schedules for Unfinished Jobs and Completed Jobs

Tybee Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations:

Materials purchased on account, $2,690..

Materials requisitioned and factory labor used:

Job	Materials		Factory Labor
301	$2,790		$2,220
302	3,400		3,000
303	2,260		1,470
304	7,640		5,510
305	4,850		4,200
306	3,540		2,660
For general factory use	950		3,290

Factory overhead costs incurred on account, $5,330.

Depreciation of machinery and equipment, $1,580.

The factory overhead rate is $60 per machine hour. Machine hours used:

Job	Machine Hours
301		28
302		29
303		33
304		85
305		20
306		19
Total		214

Jobs completed: 301, 302, 303, and 305.

Jobs were shipped and customers were billed as follows: Job 301, $8,030; Job 302, $9,770; Job 303, $16,560.

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.

Entries Description Debit Credit b. C