Benton Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter??s production.1. Materials purchased on account $ 192,000, and factory wages incurred $87,300.2. Materials requisitioned and factory labor used by job:

3. Manufacturing overhead costs incurred on account $39,500.4. Depreciation on equipment $14,550.5. Manufacturing overhead rate is 80% of direct labor cost.6. Jobs completed during the quarter: A20, A21, and A23.InstructionsPrepare entries to record the operations summarized above. (Prepare a schedule showing the individual cost elements and total cost for each job in item 6.)

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Factory Labor Job Number Materials $ 35,240 42,920 36,100 39,270 4,470 $18,000 22,000 15,000 A20 A21 A22 A23 25,000 General factory use 7,300 $158,000 $87,300