Waddell Equipment Company uses a job order cost system. The following data summarize the operations related to production for April 20Y4, the first month of operations: a. Materials purchased on account, $36,000. b. Materials requisitioned and factory labor used: rul yelleidil iaciul y use ,1JU 1, JuU c. Factory overhead costs incurred on account, $6,000. d. Depreciation of machinery and equipment, $1,550. e. The factory overhead rate is $40 per machine hour. Machine hours used: f. Jobs completed: 401,402,403,and405. g. Jobs were shipped and customers were billed as follows: Job 401$22,750, Job 402$16,600, Job 403$8,400. Instructions: What account does this schedule support for the month of April? 4. Prepare a schedule of completed jobs on hand as of April 30, 20 Y4. Waddell Equipment Company Schedule of Completed Jobs on Hand For the Month of April 30, 20Y4 What account does this schedule support? 5. Prepare a schedule of unfinished jobs as of April 30, 20Y4. Waddell Equipment Company Schedule of Unfinished Jobs For the Month of Anril 3n. OnV4 What account does this schedule support? 6. Determine the gross profit for April based upon the jobs sold. Ignore the difference between actual and applied factory overhead. What account does this schedule support for the month of April? 4. Prepare a schedule of completed jobs on hand as of April 30, 20 Y4. Waddell Equipment Company Schedule of Completed Jobs on Hand For the Month of April 30, 20Y4 What account does this schedule support? 5. Prepare a schedule of unfinished jobs as of April 30, 20 Y4. Waddell Equipment Company What account does this schedule support? g. Jobs were shipped and customers were billed as follows: Job 401$22,750, Job 402$16,600, Job 403 \$8,400. Instructions: 1. Prepare a schedule summarizing manufacturing costs by job for April. Waddell Equipment Company Schedule Summarizing Manufacturing Costs 2. Prepare a schedule of jobs finished in April. Waddell Equipment Company Schedule of Jobs Finished 3. Prepare a schedule of jobs sold in April. Waddell Equipment Company Schedule of Jobs Sold For the Month of April 30, 20Y4 Job No. 401 ! No. 402 No. 403