1. JOURNALIZE THE ENTRIES TO RECORD THE SUMMARIZED OPERATION
2. POST THE APPRORIATE ENTRIES TO T ACCOUNTS FOR WORK IN PROCESS, AND FINISHED GOODS, USING THE IDENTIFYING LETTERS AS DATES. INSERT MEMO ACCOUNT BALANCES AS OF THE END OF THE MONTH.
3. SCHEDULEOF UNFINISHED JOBS TO SUPPORT THE BALANCE IN THE WORK PROCESS ACCOUNT
4. SCHEDULE OF COMPLETED JOBS ON HAND TO SUPPORT THE BALANCE IN THE FINISHED GOODS ACCOUNT.

PR 20-2A Staircase Equipment Company uses a job order cost system. The following data summa- Entries and schedules rize the operations related to production for April 2010, the first month of operations: for unfinished jobs and completed jobs a. Materials purchased on account, $23,400. b. Materials requisitioned and factory labour used: obj. 2 Job Materials Factory Labour KA No. 201 $2,350 $2,200 FLOREER" No. 202 2,875 2,970 No. 203 1,900 1,490 No. 204 6,450 5,460 / 3. Work in No. 205 4, 100 4, 150 Process balance, No. 206 2,980 2,650 $22,290 For general factory use 860 3,250 c. Factory overhead costs incurred on account, $4,500. d. Amortization of machinery and equipment, $1,560. e. The factory overhead rate is $50 per machine hour. Machine hours used: Job Machine Hours No. 201 18 No. 202 30 No. 203 24 No. 204 75 No. 205 33 No. 206 20 Tota 200 f. Jobs completed: 201, 202, 203, and 205. g. Jobs were shipped and customers were billed as follows: Job 201, $6,540; Job 202, $8,820; Job 203, $11,880. Instructions 1. Journalize the entries to record the summarized operations. 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods using the identifying letters as dates. Insert memo account balances 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. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account