Rhim Printing Ltd. uses a job order cost system. The following data summarize the operations related to the fi rst quarter’s production.

1. Materials purchased on account W192,000,000, and factory wages incurred W87,300,000.

3. Manufacturing overhead costs incurred on account W49,500,000.

4. Depreciation on factory equipment W14,550,000.

5. Depreciation on the company’s offi ce building was W14,300,000.

6. Manufacturing overhead rate is 90% of direct labor cost.

7. Jobs completed during the quarter: A20, A21, and A23.

Instructions

Prepare entries to record the operations summarized above. (Prepare a schedule showing the individual cost elements and total cost for each job in item 7.)