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Hildreth 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, $3,370. b. Materials requisitioned and factory labor used: Job No. 101 102 103 104 105 106 For general factory use Job No. 101 102 c. Factory overhead costs incurred on account, $4,260. d. Depreciation of machinery and equipment, $1,590. e. The factory overhead rate is $70 per machine hour. Machine hours used: 103 40 Materials Machine Hours 25 $2,230 2,720 1,810 6,110 3,880 2,830 760 22 Factory Labor $2,240 3,020 1,480 5,560 4,230 2,690 3,320

Hildreth Company uses job order costing. The following data summarize the operations related to production for April, the first month of operatians: a. Materials purchased on account, $3,370. b. Materials requisitioned and factory labor used: c. Factory overhead costs incurred on account, $4,260. d. Depreciation of machinery and equipment, $1,590. e. The factory overhead rate is $70 per machine hour. Machine hours used: f. Jobs completed: 101,102,103, and 105 . 9. Jobs were shipped and customers were billed as follows: Job 101, $8,720; Job 102, $8,990; Job 105, $14,010. Required: 1. Journalize the entries to record the summarized operations, If an amount box does not require an entry, leave it blank. c. d. e. 1. (c) 9. Sale 9. Cost 2. Post the approprate entries to T accounts for Work in Process and Finished Goods, using the identifying letten as fransaction- 3. Prepare a shedule of unfinusied jobs to suppert the balance in the work in process account 3. Prepare a schedule of unfinished jobs to support the balance in the wark in process account. 4. Prepare a schedufe of compieted jobs on hand to support the balance in the tinished goods accuunt

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