For this question i have a jounral, T account, Schedule of unifinished jobs, and schedules of completed jobs to do.

Instrucions Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, the first month of operations a Materials purchased on account, $31.030, b. Materials requisitioned and factory tabor used. Job Materials Factory Labor 301 $2.710 302 $3,060 3,640 2.430 3,820 303 1,870 304 8,280 7,010 305 5,340 5,100 306 3.790 3,170 For general factory use 1060 4 260 c. Factory overhead costs incurred on account. $5 290 d. Depreciation of machinery and equipment 51.960 Instructions e The factory overhead rate is 552 per machine hour Machine hours used: Job Machine Hours 301 302 303 ! 304 305 306 Total 222 1 Jobs completed: 301, 302, 303 and 305 9 Jobs were shipped and customers were billed as follows: Job 301, 58.430, Job 302, 510,960, Job 303, 515,550 Instructions Jobs completed: 301, 302, 303 and 305 9. Jobs were shipped and customers were billed as follows: Job 301, $8,430; Job 302, 510,960: Job 303, 515,550 Required: 1. Journalize the entries to record the summarized operations. Record each item (tems a-1) as an individual entry on March 31 Record tem gas 2 entries. Refer to the chart of accounts for the exact wording or the account toties CNOW journals do not use ines for spaces or journal explanations Every ine on a journal page is used for debit or credit entries. Do not add explanations or skip a line between Journal entries CNOW Journals will automatically indent a credit entry when a credit amount is endered 2. Post the appropriate entries to 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. For grading purposes onder transactions in alphabetical order Determine the correct ending balance. The ending balance label is provided on the left side of the Taccount even when the ending balance is a crecht The unused cell on the balance ine should be left blank 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 *Refer to the list of Amount Descriptions provided for the exact wording of the answer choices for text entres CHART OF ACCOUNTS Kurtz Fencing Inc. General Ledger REVENUE 410 Sales 610 Interest Revenue ASSETS 110 Cash 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 131 Materials 132 Work in Process 133 Factory Overhead EXPENSES 510 Cost of Goods Sold 520 Wages Expense 531 Soling Expenses 532 insurance Expense 533 Utilities Expense 134 Finished Goods 141 Supplies Chart of Accounts 142 Prepaid Insurance 143 Prepaid Expenses 181 Land 534 Office Supplies Expense 540 Administrative Expenses 561 Depreciation Expense-Machinery and Equipment 590 Miscellaneous Expense 710 Interest Expense 191 Machinery and Equipment 192 Accumulated Depreciation Machinery and Equipment LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Wages Payable 252 Consultant Fees Payable Chart of Accounts 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable E 241 Lease Payable 251 Wages Payable 252 Consultant Fees Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Chart of Accounts Amount Descriptions Amount Descriptions Balance of Work in Process, March 31 Finished Goods, March 31 (Job 305) Job No. 301 Job No. 302 Job No. 303 Job No. 304 10 Job No. 305 Job No. 306 Journal 1. Journalize the entries to record the summarized operations. Record each item (tems a-1) as an individual entry on March 31 Record tem gas 2 entries Refere of accounts for the exact wording of the account titles CNOW journals do not use lines for spaces or journal explanations. Every ine on a journal page is used for credit entries. Do not add explanations or skip a ine between journal entries. CNOW journals will automatically indent a credt entry when a credit amount is entere JOURNAL ACCOUNTING EQUAT DATE DESCRIPTION POST. REF DESIT CREDIT ASSETS LIABILITIES ALLOONS 2. Post the appropriate entries to 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 For grading purposes enter transactions in alphabetical order Determine the correct ending balance. The ending balance label is provided on the left side of the Taccount even when the ending balance is a credit. The unused cel on the balance line should be fort blank . Work in Process b Il Bal Finished Goods Bal TAccounts Schedule of Unfinished Jobs 3 Prepare a schedule of unfinished jobs to support the balance in the work in process account. Refer to the ist of Amount Descriptions provided for the exact wording of the answer choices for text entries Kurtz Fencing inc Schedule of Unfinished Jobs Direct Materials Job Direct Labor Factory Overhead Total Schedule of Completed Jobs 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account Refer to the list of Amount Descriptions provided for the exact wording of the answer choices for text entries Kurtz Fencing Inc Schedule of Completed Jobs Direct Materials Job Direct Labor Factory Overhead Total