The following information is provided to the Sony Company for it's March production. There are only two jobs in production in March. Job X & Job Y.

a. Purchased direct materials and indirect materials with the following summary of receiving reports: Material A Material B Indirect materials Total $16,000 12,000 3,000 $31,000 b. Issued direct materials and indirect materials with this summary of requisitions: Job X Job Y Total Material A Material B $ 8,000 $16,000 $24,000 Subtotal 3,000 $11,000 8,000 11,000 $24,000 $35,000 Indirect materials 39,000 Total $74,000 c. Factory labor incurred is summarized by these time tickets: Job X Job Y Indirect labor Total $22,000 15,000 28,000 $65,000 d. Factory utilities, factory depreciation, and factory insurance incurred is summarized as follows: Utilities Depreciation Insurance Total $ 3,000 18,000 2,500 $23,500 e. Factory overhead costs were applied to jobs at the predetermined rate of $46 per machine hour. Job X incurred 1,100 machine hours; Job Y used 800 machine hours. f. Job X was completed; Job Y was still in process at the end of March. The company closed the overapplied or underapplied overhead to the Cost of Goods Sold account at the end of March.