Ottoson Fencing Inc. uses job order costing. The following data summarize the operations related to production for December, the first month of operations: a. Materials purchased on account, $29,050. b. Materials requisitioned and factory labor used: Job 301 302 303 304 305 306 For general factory use Materials $2,870 3,690 2,300 8,510 5,000 3,770 1,030 Factory Labor $2,870 3,770 1,920 7,050 5,250 3,240 4,110 c. Factory overhead costs incurred on account, $5,400. d. Depreciation of machinery and equipment, $2,000. e. The factory overhead rate is $52 per machine hour. Machine hours used:

Ottoson Fencing Inc. uses job order costing. The following data summarize the operations related to production for Decernber, the first month of operations: a. Materials purchased on account, $29,050. b. Materials requisitioned and factory labor used: c. Faclory overhead costs incurted on account, $5,400. d. Depreciation of machinery and equipment, $2,000. 6. The factory overhead rate is $52 per machine hour. Machine hours used: 4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Schedule of Complefed Jabs instruction Question not attempted. t. Jobs completed: 301,302,303 and 305. Pequired: 9 as 2 entres. memo acoount balances as of the end of the monm. Ottoson Fencing Inc Score: 0/50 Schedule of Unfinished Jobs Job Direct Materials Direct Labor Factory Overhead Total the month IAccounts histructions