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

g. Jobs were shipped and customers were billed as follows: Job 301, $23,450; Job 302, $19,210; Job 303, $17,360.

Instructions

Journalize the entries to record the summarized operations.

PR19-2A Entries and schedules for unfinished jobs and completed jobs. Kaymer 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, $33,100. b. Materials requisitioned and factory labor used: Job 301 302 303 304 305 306 For general factory use Materials $2,740 3,980 2,570 8,850 6,210 4,290 1,200 Factory Labor $5,460 2,930 3,070 8,520 1,840 6,110 4,520 c. Factory overhead costs incurred on account, $6,470. d. Depreciation of factory machinery and equipment, $1,790. e. The factory overhead rate is $65 per machine hour. Machine hours used: Job 301 302 Machine Hours 52 28 44 65 36 303 304 305 306 Total 79 304