Entries for Factory Costs and Jobs Completed Collegiate Publishing Inc. began printing operations on March 1. Jobs 301 and 302 were completed during the month, and all costs applicable to them were recorded on the related cost sheets. Jobs 303 and 304 are still in process at the end of the month, and all applicable costs except factory overhead have been recorded on the related cost sheets. In addition to the materials and labor charged directly to the jobs, $2,390 of indirect materials and $28,990 of indirect labor were used during the month. The cost sheets for the four jobs entering production during the month are as follows, in summary form: Direct materials Direct labor Job 301 Factory overhead Total $24,790 9,500 5,225 $39,515 Job 302 Direct materials $11,590 Direct labor 4,900 Factory overhead 2,695 Total $19,185 Job 303 Direct materials $36,390 Direct labor 10,500 Factory overhead Direct materials Job 304 $7,140 Provins Job 304 Direct materials $7,140 Direct labor 1,400 Factory overhead Journalize the summary entry to record each of the following operations for March (one entry for each operation): a. Direct and indirect materials used. If an amount box does not require an entry, leave it blank. CUT CUT b. Direct and indirect labor used. If an amount box does not require an entry, leave it blank. c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost). If an amount box does not require an entry, leave it blank. =88 d. Completion of Jobs 301 and 302. If an amount box does not require an entry, leave it blank. Depuinare c. Factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost). If an amount box does no 88 d. Completion of Jobs 301 and 302. If an amount box does not require an entry, leave it blank. 88 Check My Work