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help f. Jobs completed 301,302,303 and 305 g. Jobs were shipped and customers were billed as follows Job 301,$8,430, Job 302,$10,960, Job 303,$15,550 Required: 1.
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f. Jobs completed 301,302,303 and 305 g. Jobs were shipped and customers were billed as follows Job 301,$8,430, Job 302,$10,960, Job 303,$15,550 Required: 1. Joumalize the entries to record the summarized operations. Record each ifem (tems a-1) as an individual entry on December 31 . Record term g as 2 entries 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 batances 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 Prenare a schedule of completed jobs on hand to support the balance in the finished goods account c. Factory overhead costs incurred on account, $5,290 d Depreciation of machinery and equipment, $1,960. e. The factory overhead rate is $52 per machine hour Machine hours used Step by Step Solution
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