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keAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inprogress=false Entries and Schedules for Unfinished Jobs and Completed Jobs < Tybee Industries Inc. uses a job order cost system. The following data summarize
keAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inprogress=false 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, $2,670. b. Materials requisitioned and factory labor used: Job 301 302 Materials Factory Labor $2,060 $2,320 2,510 3,130 303 1,670 1,530 3041 5,640 5,750 305 3,580 4,380 306 2,620 2,780 For general factory use 700 3,430 c. Factory overhead costs incurred on account, $3,930. d. Depreciation of machinery and equipment, $1,650. e. The factory overhead rate is $55 per machine hour. Machine hours used: Job Machine Hours 301 22 Check My Work 4 more Check My Work uses remaining. Previous
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