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eBook Calculator Entries and Schedules for Unfinished Jobs and Completed Jobs 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, $3,040. b. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 102 $2,650 3,230 $2,160 2.920 2,150 1,430 104 5,360 7,260 4,610 105 4,080 106 3,370 2,590 3,200 For general factory use 900 c. Factory overhead costs incurred on account, $5,060. d. Depreciation of machinery and equipment, $1,530. e. The factory overhead rate is $35 per machine hour. Machine hours used: Calculator Job No. Machine Hours 102 Total 222 1. Jobs completed: 101, 102, 103, and 105. Q. Jobs were shipped and customers were billed as follows: Job 101, $6,950; Job 102, $9,020; Job 105, $12,510. 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 3 more Check My Work uses remaining Previous 4:31 PM 12/2019 g. Sale Check My Work 3 more Check My Work uses remaining All work saved Email Instructor Save und Exit Submit Assign 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 Finished Goods 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Hildreth Company Schedule of Unfinished Jobs Check My Work 3 more Check My Work uses remaining Previous All work saved mal instructor Save and Submit Assignment for Grading PM 3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. and company Schedule of Unfinished Jobs Factory Direct Materials Direct Labor Total Overhead 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 Direct Materials Total Factory Overhead Direct Labor Pres Check My Work 3 more Check My Work uses remaining Email instructor Save and Exit Submit Assignment All work saved

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