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: a. Materials purchased on account, $2,890 b. Materials requisitioned and factory labor used: Job 301 302 303 304 305 306 For general factory use Materials Factory Labor $3,320 4,050 2,690 9,100 5,780 4,220 1,130 $1,950 2,630 1,290 4,840 3,690 2,340 2,890 c. Factory overhead costs incurred on account, $6,340. d. Depreciation of machinery and equipment, $1,380. e. The factory overhead rate is $35 per machine hour. Machine hours used Job 301 302 Machine Hours 21 36