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please help me with this ASAP Entries and Schedules for Unfinished Jobs and Completed Johs Hildreth Company uses job order costing. The following data summarize
please help me with this ASAP
Entries and Schedules for Unfinished Jobs and Completed Johs Hildreth Company uses job order costing. The following data summarize the operations related to production for April, the first month of operations: a. Materials purchased on account, $2,960. b. Materiais requisitioned and factory labor used: c. Factory overthead costs incurred on acecunt, 54,510 d. Depreciation of machinery and equipment, 51,430 . e. The factory overhead rate is 545 per machine hour. Machine hours used: f. Jobs completed: 101,102,103, and 105. 9. Jobs were shipped and customers were billed as follows: Job 101,$6,610; Job 102,$9,160; Job 105,$11,880. Required: 1. Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. 2. Post the appropriate entries to I 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. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 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. All work saved Step by Step Solution
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