Entries and Schedules for Unfinished Jobs and Completed Jobs
Hellreth Company uses job order costing. The following data summarize the operations related to production for April, the first month of operations:
a Materials purchased on account, $
b Materials requisitioned and factory labor used:
c Factory overhead costs incurred on actount, $
d Depreciation of machinery and equipment, $
e The factory overhead rate is $ per machine hour. Machine hours used:
c
d
e
f
g Sale
g Cost
c Factory overhead costs incurred on account, $
d Depreciation of machinery and equipment, $
e The factory overhead rate is $ per machine hour, Machine hours used:
f Jobs completed: and
g Jobs were shipped and customers were billed as follows: Job $; Job $; Job $
Required:
Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank.
Prepare achedule of unfinighed jobs to spport the balance in the work in process accourt.
Arepare a achedule of completed jobs on hand to aypport the balance in the finiahed poodt acsoums,