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: a. Materials purchased on account, $2,770. b. Materials requisitioned and factory labor used: c. Factory overhead costs incurred on account, $4,340. d. Depreciation of machinery and equipment, $1,900. e. The factory overhead rate is $40 per machine hour. Machine hours used: c. Factory overhead costs incurred on account, $4,340. d. Depreciation of machinery and equipment, $1,900. e. The factory overhead rate is $40 per machine hour. Machine hours used: f. Jobs completed: 301,302,303, and 305 . 9. Jobs were shipped and customers were billed as follows: Job 301, $7,720; Job 302,$9,540; Job 303,513,600. 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. 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. Insert memo account balances as of the end of the month. 2. Post the appropriate entries to Taccounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month. 3. Prepare a schedule of unfinished jobs to support the balence in the work in process account. 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account