Instructions Kurtz Fencing Inc uses a job order cost system. The following data summarize the operations related to production for March, the first month of operations a. Materials purchased on account, $31,030 b. Materials requisitioned and factory labor used: Job Materials Factory Labor 301 $3,060 $2,710 302 3,640 3,820 303 2,430 1.870 304 8,280 7,010 305 5.340 5,100 306 3,790 3,170 For general factory use 1,060 4,260 c Factory overhead costs incurred on account. 55,290. d. Depreciation of machinery and equipment, $1,960 e. The factory overhead rate is 552 per machine hour Machine hours used Job Machine Hours 301 23 302 37 303 29 304 70 40 305 306 23 Total 222 1 Jobs completed 301 302 303 and 305 1rintomers were billed as follous Joe 301 50 430 Job 302 510 900, Joc 303 515 550