Tybee Industries lnc. uses a job order cost system. The following data summarize the operations related to production for lanuary, the first month of operations: a. Materials purchased on account, $2,890. b. Materials requisitioned and factory labor used: C. Factory overthead cous incurred on atcount, 34,370 . d. Depreciation of mathinery and equipment, 11,550 , e. The factory overhead rate is $50 per machine hour. Machine hours used: 1. Pstit pempleteil 101,307.303, and 105 1. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank. d. 2. Post the aporopriate entries to T accounts for Work in Process and Finished Goods, using the identifying lecters as transaction codes. Insert memo account tulances as of the end of th Work in Process 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of campleted jobs on hand to support the balance in the finished 900ds account. Tybee Industries lnc. uses a job order cost system. The following data summarize the operations related to production for lanuary, the first month of operations: a. Materials purchased on account, $2,890. b. Materials requisitioned and factory labor used: C. Factory overthead cous incurred on atcount, 34,370 . d. Depreciation of mathinery and equipment, 11,550 , e. The factory overhead rate is $50 per machine hour. Machine hours used: 1. Pstit pempleteil 101,307.303, and 105 1. Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank. d. 2. Post the aporopriate entries to T accounts for Work in Process and Finished Goods, using the identifying lecters as transaction codes. Insert memo account tulances as of the end of th Work in Process 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. 4. Prepare a schedule of campleted jobs on hand to support the balance in the finished 900ds account