TOT Uniled JODS and COI Hildreth Company uses a job order cost system. The following data summarize the operations related to production for April, the first month of operations: a. Materials purchased on account, $2,150. b. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $2,780 $2,180 102 3,390 2,940 103 2,250 1,440 104 7,620 5,410 105 4,840 4,120 106 3,530 2,620 For general factory use 950 3,230 C. Factory overhead costs incurred on account, $5,310. d. Depreciation of machinery and equipment, $1,550. e. The factory overhead rate is $75 per machine hour. Machine hours used: Job No. Machine Hours 101 29 102 21 103 43 104 79 105 33 106 Total 241 f. Jobs completed: 101, 102, 103, and 105. Jobs were shipped and customers were billed as follows: Job 101, $8,560; Job 102, $9,490; Job 105, $20,050. Eequired: . Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. Entries Description Debit Credit a. . c. d. e. f. g. Sale g. Cost 2. Post the appropriate entries to T 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. Work in Process Bal. Finished Goods Bal. 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Direct Job Direct Labor Factory Overhead Total Materials $ Balance of Work in Process, April 30 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Hildreth Company Schedule of Completed Jobs Job Direct Materials Direct Labor Factory Overhead Total