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Entries and Schedules for Unfinished lobs and Completed Jobs Karymer Industries Inc; uses a job order coit systems The following data summarize the operations related

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Entries and Schedules for Unfinished lobs and Completed Jobs Karymer Industries Inc; uses a job order coit systems The following data summarize the operations related to production for laniary, the first month of operationst a. Materals purchased on acceunt. $32,690. b. Materials requistiched and factory babor used- 5. Factory overhead costs incurred on account, 55,300 , d. Depreciation of factory machinery and tquipenent 12.240 . e. The factory ovechead rate is 570 per mbchine houn Machine hours used: f. Jobs completed: 301, 302, 303, and 305 . 9. Jobs were shipped and customers were billed as followst Job 301,$10,340;Job302,512,460,J06303,522,100. Requiredt 1. Journalize the entries to record the summarized operations, If an amount box does not require an entry, leave it blank Work in Drucess Tinished Geods 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

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