Journalize the entries for the following summarized operations related to production for a company using job order costing:
a Materials purchased on account
b Prepaid expenses incurred on account
C Materials requisitioned:
For production orders
For general factory use
d Factory labor used:
On production orders
For general factory purposes
e Depreciation on factory equipment
f Expiration of prepaid expenses, chargeable to factory
g Factory overhead costs incurred on account
h Factory overhead applied, based on machine hours
i Jobs finished
j Jobs shipped to customers: Cost
Selling price assume all sold on account
$
If an amount box does not require an entry, leave it blank.
a Materials
b Prepaid Expenses