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WHOW Printiem Entries for Costs in a Job Order Cost System C Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for Martha a. Materials purchased on account, $731,890 b. Materials requisitioned, 5614,790, of which 579,920 was for general factory use c. Factory labor used, $753,850, of which 5143,230 was indirect, d. Other costs incurred on account for factory overhead, 5175,650: selling expenses, 5270,800; and administrative expenses, 5161,020. e. Prepaid expenses expired for factory overhead were $33,670; for selling expenses $28,540; and for administrative expenses, $20,490 F. Depreciation of factory equipment was $33,670; of office equipment, 549,770, and of office building, 398,070 g. Factory overhead costs applied to jobs, $417,160 h. Jobs completed, 5966,090. 1. Cost of goods sold, 5936,820 Required: Journalize the entries to record the summarized operation. If an amount tox does not require an entry, leave it bland. Debit Credit a. Materials purchased on account, $731,890. Entry Description Materials Accounts Payable 731,890 731,890 a. Materials purchased on account, $731,890. Entry Description Debit Credit Materials 731,890 Accounts Payable 731,890 b. Materials requisitioned, 5614,790, of which $79,920 was for general factory use. Entry Description Debit Credit b. c. Factory labor used, $753,850, of which $143.230 was indirect. Entry Description Debit Credit d. Other costs incurred on account for factory overhead, $175,650, selling expenses, $270,800; and administrative expenses, 5161,020. Entry Description Debit Credit d. e. Prepaid expenses expired for factory overhead were $33,670, for selling expenses, $28,540; and for adminlutrative expenses, $20,490. Entry Description Debit Credit rintinn nadat was 2.670s of office equipment. $49.770 and of office building, 198,070 f. Depreciation of factory equipment was $33,670; of office equipment, $49,770; and of office building, 598,070. Entry Description Debit Credit . 9. Factory overhead costs applied to jobs, 5417,180, Entry Description Debit Credit 9. h. Jobs completed, $966,090. Description Dehit Entry Credit h. g. Factory overhead costs applied to jobs, $417,180 Entry Description Debit Credit 9 h. Jobs completed, 5966,090. Entry Description Debit Credit h. i. Cost of goods sold, 5936,820 Entry Description Debit Credit 1

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