The following account appears in the ledger prior to recognizing the jobs completed in January: Work in Process Balance, January 1 $12,920 Direct materials 105,040 Direct labor 113,310 Factory overhead 59,560 Jobs finished during January arę summarized as follows: Job 210 $52,350 Job 224 $61,070 Job 216 31,990 Job 230 116,330 a. Journalize the entry to record the jobs completed. If an amount box does not require an entry, leave it blank. b. Determine the cost of the unfinished jobs at January 31.

On April 1, two jobs were in process at Hartwell Contracting. Details of the jobs follow: Job Number HC-34 HC-37 Direct Materials $4,560 3,460 Direct Labor $ 1,960 6,160 The Materials Inventory account on April 1 totaled $8,260. Materials purchased during the month totaled $18,000. Indirect materials of $1,900 were issued from materials inventory. On April 1, finished goods inventory consisted of two jobs: HC-32, costing $7,140, and HC- 35, with a cost of $3,960. Costs for both jobs were transferred to Cost of Services Billed during the month. Also during April, Jobs HC-34 and HC-37 were completed. Completing Job HC-34 required an additional $5,260 in direct labor. The completion costs for Job HC-37 included $3,560 in direct materials and $10,860 in direct labor. Hartwell Contracting used a total of $9,260 of direct materials (excluding the $1,900 indirect materials) during the month and $25,960 in total direct labor costs. Overhead has been estimated at 75 percent of direct labor…

Lastly:  Determine the costs of the unfinished jobs at January 31.

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, $1,960. Materials requisitioned and factory labor used: Job Materials Factory Labor 301 $3,330   $2,800   302 4,060   3,780   303 2,700   1,850   304 9,120   6,940   305 5,790   5,290   306 4,230   3,360   For general factory use 1,130   4,140   Factory overhead costs incurred on account, $6,360. Depreciation of machinery and equipment, $1,990. The factory overhead rate is $75 per machine hour. Machine hours used: Job Machine Hours 301   25   302   24   303   38   304   68   305   27   306   44   Total   226   Jobs completed: 301, 302, 303, and 305. Jobs were shipped and customers were billed as follows: Job 301, $9,610; Job 302, $11,570; Job 303, $21,460. Required: 1.  Journalize the entries…