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Southwest Industries uses a job order cost system. The following data summarize the operations related to production for January 2017, the first month of operations:

Southwest Industries uses a job order cost system. The following data summarize the operations related to production for January 2017, the first month of operations:

Materials requisitioned and factory labor used:

Job

Materials

Factory Labor

201

3,950

3,700

202

4,830

5,000

203

3,200

2,500

204

10,800

9,150

205

6,800

7,000

206

5,000

4,450

For general factory use

1,440

5,500

The factory overhead rate is $60 per machine hour. Machine hours used:

Job

Machine Hours

201

31

202

46

203

36

204

96

205

48

206

31

Jobs completed were 201, 202, 203, and 205.

Required: Prepare a schedule of finished jobs with total cost information and a schedule of unfinished jobs with total cost information.

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