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Entries and schedules for unfinished jobs and completed jobs Instructions Chart of Accounts Instructions Amount Descriptions Journal T Accounts Schedule of Unfinished Jobs Kurtz

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Entries and schedules for unfinished jobs and completed jobs Instructions Chart of Accounts Instructions Amount Descriptions Journal T Accounts Schedule of Unfinished Jobs Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, the first month of operations a. Materials purchased on account, $28,580. b. Materials requisitioned and factory labor used: Job Materials Factory Labor 301 $3,030 $2,760 302 3,400 3,770 303 2.520 1,800 304 8.200 0.880 305 5,000 5,400 300 3.800 3.410 For general factory use 1.130 4.190 c. Factory overhead costs incurred on account. $5.670 d. Depreciation of machinery and equipment. $2,050 e. The factory overhead rate is 552 per machine hour Machine hours used Job Machine Hours 301 27 Check My Work

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