Ottoson Fending ine uses job order costing. The following data summarize the operations related to production for Decernber, the first month of operations: a. Maserinis purchased on account, $28,790. b. Materials reouisitioned and factory iabor used: c. Fachocy overtead costs incurred on account, $5,600. d. Depreciation of machinery and equipment, \$1,970. - The factory overtsead rate is $53 per machine hour, Machine hours used: f. Jobs compieted: 301,302,303 and 305. g. Jobe were shipped and cusiomers wore billed as follows: Job 301, 38,270;, Job 302, 511,720; Job 303, $15,730. f. Jobs completed: 301,302,303 and 305 . 9. Jobs were shipped and customers were billed as follows: Job 301, \$8, 270; Job 302, \$11,720; Nob 303, \$15,730. Required: 1. Joumalire the ontries to record the summarized operations. Record each Remn (ifems a-t) as an individual entry on December 3t. Recoved Itam g as 2 entries. 2. Post the appropriate entries to T accounts for. Work in Process and Finished Goods, using the identilying lotters as transaction coses. insert memo account balances as of the end of the month. 3. Prepare a schedule of unfinished jobs to support the balunco in the work in process acoount. 4. Prepare a scheduie of complated jobs on hand to support the balance in the finished goods account