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, $4,500 of indirect materials and $8,200 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: Job 301 Direct materials Direct labor Factory overhead Total $12,500 31,000 7,750 $51,250 Job 302 Direct materials $18,750 Direct labor 42,200 Factory overhead 10,550 Total $71,500 Direct materials Direct labor Job 303 $9,940 16,500 Factory overhead Job 304