Hildreth 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, $2,430 b. Materials requisitioned and factory labor used Materials Factory Labor Job No 101 $3,110 $2,010 4,200 2,450 102 2,050 1,630 103 5,510 7,710 104 3,500 5,880 105 2,550 3,730 106 680 For general factory use 4,600 C. Factory overhead costs incurred on account, $3,840 d. Depreciation of machinery and equipment, $2,210 e. The factory overhead rate is $70 per machine hour. Machine hours used Job No. Machine Hours 101 38 102 26 103 104 84 37 105 32 106 Total 250 f. Jobs completed: 101, 102, 103, and 105. g. Jobs were shipped and customers were billed as follows: Job 101, $8,920; Job 102, $11,170; Job 105, $15,950. 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month. Work in Process (f) 44,330 17,500 V Bal Finished Goods CO V (g) V Bal 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Factory Job Direct Materials Direct Labor Total Overhead No. 104V$ 5,510$7,710$ No. 106 2,550 V 3,730 2,240 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Hildreth Company Schedule of Completed Jobs Factory Job Direct Materials Direct Labor Total Overhead Finished Goods, April 30 (Job 103) 1,6302,0so $