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as the entries in record the following summarized operations related to production for a company uning a job onder o A Materials purchased on account
as the entries in record the following summarized operations related to production for a company uning a job onder o A Materials purchased on account $176,000 b Prepaid expenses incurred on account 12.200 C Materials requisitioned: For production orders 153,700 For general factory use 2,700 d Factory labor used: On production orders 141.300 For general factory purposes 12.000 e Depreciation on factory equipment 37,000 Expiration of prepaid expenses, L 6,100 chargeable to factory Factory overhead costs incurred on p 76,000 account Factory overhead applied, based on h. 105,300 machine hours L Jobs finished 415,300 Jobs shipped to customers: Cost 412.000 Selling price (assume all sold on 638,000 account)
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