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, $2,110. b. Materials requisitioned and factory labor used: c. Factory overhead costs incurred on account, $6,170. d. Depreciation of machinery and equipment, $1,610. e. The factory overhead rate is $45 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, $8,060; Job 302, $10,670; Job 303, $14,820. 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. 2. Post the appropriate entries to T accounts 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 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