Schedules for Unfinished Jobs and Completed Jobs Waddell Equipment Company uses a job order cost system. The following data summarize the operations related to production for April 20Y4, the first month of operations: a. Materials purchased on account, $140,400. b. Materials requisitioned and factory labor used: Job Materials Factory Labor Instructions: No. 401 $14,100 $13,200 1. Prepare a schedule summarizing manufacturing costs by job for April. No. 402 17,250 17,820 No. 403 11,400 8,940 Waddell Equipment Company Schedule Summarizing Manufacturing Costs For the Month of April 30, 2014 Job Direct Materials Direct Labor Factory Overhead No. 401 $ No. 404 32,760 Total 38,700 24,600 No. 405 24,900 No. 406 17,880 15,900 For general factory use 5,160 19,500 c. Factory overhead costs incurred on account, $18,000. d. Depreciation of machinery and equipment, $6,240. e. The factory overhead rate is $55 per machine hour. Machine hours used: Job Machine Hours No. 402 No. 403 No. 404 No. 405 No. 406 Total No. 401 No. 402 2. Prepare a schedule of jobs finished in April. No. 403 No. 404 No. 405 Total No. 406 Waddell Equipment Company Schedule of Jobs Finished For the Month of April 30, 2014 Job Direct Materials Direct Labor Factory Overhead No. 401 $ No. 402 No. 403 Total 180 f. Jobs completed: 401, 402, 403, and 405. g. Jobs were shipped and customers were billed as follows: Job 401, $39,000; Job 402, $54,000; Job 403, $72,000. No. 405 Total