Garnett Printing Corp. uses a job-order cost system. The following data summarize the operations related to the first quarters production:

1.Materials purchased on account were $192,000, and factory wages incurred were $91,500.

2.Materials requisitioned and factory labour used by job were as follows:

Job NumberMaterialsFactory Labour

A20 $33,240$18,000

A2142,92024,000

A2236,00017,000

A2341,25025,000

General factory use 4,4507,500

$157,86091,500

3.Manufacturing overhead costs incurred on account were $59,500.

4.Depreciation on machinery and equipment was $14,550.

5.The manufacturing overhead rate is 80% of the direct labour cost.

6.Jobs completed during the quarter were A20, A21, and A23.