vore=dlakeAssignmentSessionLocatore Sinprogresswfalse eBook Entries and Schedules for Unfinished Jobs and Completed Jobs Tybee Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: - Materials purchased on account, 52,520 b. Materials requisitioned and factory labor used Job Materials Factory Labor 301 $3,010 $1,980 302 3,670 2,670 303 2,440 1,310 304 8,250 4,910 305 5,240 3,740 306 3,820 2,380 2,930 For general factory use 1,020 c. Factory overhead costs incurred on account, $5,750. d. Depreciation of machinery and equipment, $1,410. e. The factory overhead rate is $70 per machine hour. Machine hours used: Job Machine Hours 301 28 302 31 303 19 Previous Check My Work Save and Ex Submit Assignment for 51F o ** Back Job Machine Hours 301 28 302 31 303 19 304 77 305 45 306 42 Total 242 1. Jobs completed: 301, 302, 303, and 305. 9. Jobs were shipped and customers were billed as follows: Job 301, $8,340; Job 302, $10,210; Job 303, $14,730. Required: 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. Entries Description Debit Credit Check My Work Save and Exit Sub n/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprog eBook d. 11 Check My Work =&inprogress false eBook 2. Post the appropriate entries to 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 Ball Finished Goods Bal 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Tybee Industries Inc Schedule of Unfinished Jobs Jou Direct Materials Direct labor Factory Overead Total Check My Work