Materials purchased on account materials requisitioned and

Question

Just4U Company uses a job order cost system. The following data summarize the operations related to production for the month of January 20xx.

a) Materials purchased on account:

b) Materials requisitioned and Factory labor used:

c) Factory overhead costs incurred on account: 

d) Depreciation of machinery and equipment:

e) The factory overhead rate is $50 per machine hour.

Job Order Machine Hours Used
601 ............320
602 ............225
603 ............300
604 ............285
605 ............312

f) Jobs completed:

g) Jobs shipped and billed: #601: $113,200, #605:$88,350