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37. Present entries to record the following summarized operations related to production for a company using a job order cost system: $267,000 (a) Materials purchased

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37. Present entries to record the following summarized operations related to production for a company using a job order cost system: $267,000 (a) Materials purchased on account 25,200 (b) Prepaid expenses incurred on account (c) Materials requisitioned: For production orders 5,700 For general factory use Factory labor used: 141,300 Om production orders 22,000L For general factory purposes 47,000 Depreciation on factory equipment (f) Expiration of prepaid expenses, 3,100 chargeable to factory 67,000 (g) Factory overhead costs incurred on account 205,300 515,300 (h) Factory overhead applied, based on machine hours (i) Jobs finished 763,000 () Jobs shipped to customers: cost, $475,000; selling price (k) Adjusting entry related to over or underapplied factory overhead. Dit Sos Bees cung I Finsn goods 515,3082617, Workp 1 53,700 515 For general factory use ojost of goods 475000 For general factory purposes Finsh goods 22,000 417 K FOH 60,500 3,100 vachine hours cost good sold 205.90

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