Hiidreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations a. Materials purchased on account, $2,070. B. Materials requisitioned and factory labor used: Job No. 101 102 Materials $2,780 3,390 2.250 7,620 4,840 103 Factory Labor $3,280 4,430 2,160 8,130 6,200 3,940 104 105 106 3,530 For general factory use 950 4,850 c. Factory overhead costs incurred on account, $5,310. d. Depreciation of machinery and equipment, $2,330. e. The factory overhead rate is 545 per machine hour, Machine hours used: MAT OC YOU 4,850 c. Factory overhead costs incurred on account, $5,310. d. Depreciation of machinery and equipment, $2,330. e. The factory overhead rate is $45 per machine hour. Machine hours used: Job No. Machine Hours 101 41 102 25 103 45 104 68 105 15 106 19 Total 213 f. Jobs completed: 101, 102, 103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101, $9,490; Job 102, $10,730; Job 105, $18,660. Required: 1. Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. Entries Description Debit Credit a. 0 Materials 2,070 0 Accounts Payable 2,070 b. Work in Process Factory Overhead Materials Wages Payable 5,310 0 Factory Overhead 0 Accounts Payable 5,310 d. Factory Overhead 2,330 Accumulated Depreciation Machinery and Equipment 0 2,330 Work in Process 9,585 Factory Overhead 9,585 Finished Goods 0 9. Accounts Receivable Sale Sales 9 Cost of Goods Sold Cost Finished Goods 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters month Work in Process Bal. Finished Goods Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Job Direct Materials Direct Labor Factory Overhead Total $ $ Balance of Work in Process, April 30 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Hildreth Company Schedule of Completed Jobs Job Direct Materials Direct Labor Factory Overhead Total