Instructions (CH17_EX02) 1 12. determine the account balances for Work in Process and Finished Goods Journalize the entries to record the transactions indentified below. 3. Prepare a schedule of unfinished jobs to support the balance in Prepare a schedule of completed jobs on hand to support the balance in the finished Goods account. a the work in Process account Materials purchased on account 22,000 a. b Job 2100 Job #101 Job #102 Materials Factory Labor Factory Overhead 3000 1500 1200 1500 750 600 1200 600 480 4800 2400 1920 1200 600 480 1800 900 720 5400 600 Job #103 Job #104 Job #105 For general factory use 300 d. 8000 4800 80% c. Factory overhead costs incurred Depreciation of machinery e Factory overhead applied as a % of of direct labor cost Jobs completed 100, 101, 102, and 104 Jobs completed 100, 101, 102 were shipped, Job 104 was not shipped Customers were billed Job #100 Job #101 Job #102 f. B 12000 6000 5000