Tybee industries inc. uses a job order cost system. the following data summarize the operations related to production for January 2016, the first month of operations: materials purchased on account, $29, 800. materials requisitioned and factory labor used factory overhead costs incurred on account, $5, 500. depreciation of machinery and equipment, $1, 980. The factory overhead rate is 454 per machine hour. Machine hours used: jobs completed: 301, 302, 303 and 305. Jobs were shipped and customers were billed as follows: job 301, $ 8, 250; job 302, $ 11, 200; job 305, $15,000 Journalize the entries to record the summarized operations. Post the appropriate 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. prepare a schedule of unfinished jobs to support the balance in the work in process account. prepare a schedule of completed jobs on hand to support the balance in the finished goods account