Entries and Schedules for Unfinished Jobs and Completed Jobs Kaymer Industries Inc. uses a job order cost system. The following data summarize the operations related to production for January, the first month of operations: a. Materials purchased on account, $29,470. b. Materials requisitioned and factory labor used: Job Materials Factory Labor 301 $2,940 $2,710 302 3,590 3,660 303 2,380 1,790 304 8,060 6,720 305 5,120 5,120 306 3,730 3,250 For general factory use 1,000 4,010 c. Factory overhead costs incurred on account, $5,620. d. Depreciation of factory machinery and equipment, $1,920. e. The factory overhead rate is $45 per machine hour. Machine hours used: Machine Hours Job 301 23 302 23 303 17 304 71 305 29 306 40 Total 203 f. Jobs completed: 301, 302, 303, and 305. g. Jobs were shipped and customers were billed as follows: Job 301, $8,020; Job 302, $9,940; Job 303, $14,310.