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, $29,800 b. Materials requisitioned and factory labor used: Job Materials Factory Labor $ 2,960 $2,775 3,750 1,875 3,620 2,400 8,100 5.100 6,860 305 5,250 306 3,750 3,340 For general factory use 1,080 4.100 c. Factory overhead costs incurred on account, $5,500 d. Depreciation of machinery and equipment, $1,980. e. The factory overhead rate is $54 per machine hour. Machine hours used: 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, $29,800 b. Materials requisitioned and factory labor used: Job Materials Factory Labor $ 2,960 $2,775 3,750 1,875 3,620 2,400 8,100 5.100 6,860 305 5,250 306 3,750 3,340 For general factory use 1,080 4.100 c. Factory overhead costs incurred on account, $5,500 d. Depreciation of machinery and equipment, $1,980. e. The factory overhead rate is $54 per machine hour. Machine hours used