l goods sold, $1,128,000. Instructions Journalize the entries to record the summarized operations PR 16-2A Entries and schedules for unfinished jobs and completed Jobste the operations Kurtz Fencing Inc. uses a job order cost system. The following data Obj. 2 ss 11,840 related to production for March, the first month of operations summarize the operations A. Materials purchased on account, $45,000 B Materials requisitioned and factory labor used Job 301 302 ENERAL LEDGER Materials $1,850 3,150 Fectory Labor $2,500 7.220 5,350 ,400 1,800 2,900 306 For general factory use 1,770 1,200 Factory overhead costs incurred on account, S 1.800. C D. Depreciation of machinery and equipment, $2,500 E. The factory overhead rate is $30 per machine hour. Machine hours used: Machine Hours 30 301 302 303 41 63 70 36 300 (Continued)