sending parts of the whole homework but they are selfexplenatory.

IAccounts instructions For grading purposes enter transactions in alphabetical order. Determine the correct ending balance. The ending balance label is provided on the left side of the T account even when the ending balance is a credit. Th unused cell on the balance line should be left blank. Refer to the list of Amount Descriptions provided for the exact wording of the answer choices for text entries. c. Factory overhead costs incurred on account, $1,800. d. Depreciation of machinery and equipment, $2,700. e. The factory overhead rate is $40 per machine hour. Machine hours used: Instructions Chart of Accounts Amount Descriptions General Joumal TAccounts Schedule of Unfinished Jobs TAccounts I. Schedule of Unfinished Jobs Schedule of Unflnished Jobs instruction Ottoson Fencing inc. Schedule of Unfinished Jobs 100 Direct Materials Direct Labor Factory Overhead Total f. Jobs completed: 301,302,303, and 305 . 9. Jobs were shipped and customers were billed as follows; Job 301, $9,000; Job 302, $16,150; Job 303,$12,800. Required: 1. Joumalize the entries to record the summarized operations. Record each item (items a-1) as an individual entry on December 31 . Record ifem g as 2 entries. 2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the ldentifying 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. 4. Propare a schedule of completed jobs on hand to support the balance in the finished goods account. General Joumal Joupacil ant oschiphow post air. twetsmis regar Ottoson Fencing Inc. uses job order costing. The following data summarize the operations related to production for Decernber; the first month of operations: a, Materials purchased on account, $50,000. b. Materials reghisitioned and factory labor usedt \begin{tabular}{|c|c|c|} \hline Job & Machine Hours \\ \hline 301 & 30 \\ \hline 302 & 60 \\ \hline 303 & 41 \\ \hline 304 & 63 \\ \hline 305 & 70 \\ \hline 306 & 36 \\ \hline \end{tabular}