Kurtz Fencing Inc, uses a job order cont system. The following data summarize the operations related to production for March, the first month of operations: a. Materiais purchased on account, $30,100 b. Materiais regulated and tactory tabor used: Job Materials Factory Labor 301 $3,110 $2.720 302 3,710 3,810 303 2.400 1,970 304 8,500 6,870 5,210 5,410 300 3,850 3.290 For general factory so 11,080 4,120 305 c. Factory overhead costs incurred on account, 5,440, d. Depreciation of machinery and equipment, $1,980, e. The factory overhead rate is $53 por machine hour. Machine hours used: Job Machine Hours 301 25 302 35 303 32 304 73 305 38 306 24 Total 227 1. Jobs completed: 301, 302, 303 and 305. g. Jobs were shipped and customers were billed as follows: Job 301, $7,990; Job 302, $10,960; Job 303, $14,290. JOURNAL Score: 0/225 DATT DESCRIPTION POST. REF. BERIT CREDIT 1 11 14 15 1 Work in Process b Bal. Finished Goods f 9 Bal