Kaymer Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: Materials purchased on account, $33,100. Materials requisitioned and factory labor used: Job Materials Factory Labor 301 $2,740 $5,460 302 3,980 2,930 303 2,570 3,070 304 8,850 8,520 305 6,210 1,840 306 4,290 6,110 For general factory use 1,200 4,520 Factory overhead costs incurred on account, $6,470. Depreciation of factory machinery and equipment, $1,790. The factory overhead rate is $65 per machine hour. Machine hours used: Details Jobs completed: 301, 302, 303, and 305. Jobs were shipped and customers were billed as follows: Job 301, $23,450; Job 302, $19,210; Job 303, $17,360. INSTRUCTIONS Journalize the entries to record the summarized operations. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert account balances as of the end of the month. Prepare a schedule of unfinished jobs to support the balance in the work in process account. SHOW ANSWER Prepare a schedule of completed jobs on hand to support the balance in the finished goods account.

(Just need steps 2-4) work in process, finished goods and step 3-4