Barnes Company uses a job order cost system. The following data summarize the operations related to production for October: October .1 2 31 31 Materials purchased on account, $630,520 Materials requisitioned, $669,000, of which $76,690 was for general factory use. Factory labor used, $644,620, of which $91,400 was indirect, Other costs incurred on account for factory overhead, $147,440; selling expenses, $238,240; and administrative expenses, $150,800. 31 Prepaid expenses expired for factory overhead were $30,340; for selling expenses, $25,550; and for administrative expenses, $18,210, Depreciation of office building was $85,350; of office equipment, $45,280; and of factory equipment, $32,530 Factory overhead costs applied to jobs, $374,600 Jobs completed, $996,810 31 Cost of goods sold. $892,790. 31 31 31 Required: Journalize the entries to record the summarized operations. Refer to the chart of accounts for the exact wording of the account titles. CNOW Journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations of skip a line between Journal entries. CNOW foumals will automatically indent a credit entry when a credit amount is entered. a Journalize the entries to record the summarized operations. Refer to the chart of accounts for the exact wording of the account is. CNOW Journals do not use lines for spaces or joumal explanations. Every ine on a journal page is used for debit or credit ontrios. Do not add explanations or skip a ne between journal entries, CNOW joumals will automatically Indent a credit entry when a credit amount is entered PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCUPTION POST REF DET CREDIT LABILITIES EQUITY 1 ASSETS 1 630,520.00 Oct. 1 Materials Accounts Payable 2 630.520.00 + 5 Oct 2 Work in Process Factory Overhead 76,690.00 1 5 745,690.00 1 Materials Oct. 31 Work in Process Factory Overhead Wages Expense Oct 31 Factory Overhead 91.400.00 1 644,620.00 147440.00 + Carlin 10 Instructions Chart of Accounts Journal Journal 9 147.440.00 1 30 25.550.00 . 18,210.00 74.100.00 1 130,630.00 T 16 32,530.00 ! 163,160.00 1 - Oct 31 Factory Overhead Selling Expenses Administrative Expenses Accounts Payable Oct 31 Factory Overhead Selling Expenses Administrative Expenses Prepaid Expenses Oct 31 Factory Overhead Oct 31 Administrative Expenses Depreciation Expense Office Equipment Work in Process Factory Overhead Oct 31 Finished Goods Work in Process 374600.00 1 374 500.00 . 30 995,810.00 + 966.310.00 1 20 21 22 11 14 Oct. 31 Cost of Goods Sold Finished Goods = Journal 11 121000 12 74.100.00 1 1 130630.00 + 14 52.550,00 + 15 163.160.00 + 374.500.00 1 37 Administrative Expenses Accounts Payable 00:31 Factory Overhead Selling Expenses Administrative Expenses Prepaid Expenses Oct 31 Factory Overhead Oct 31 Administrative Expenses Depreciation pense Office Equipment Work in Process Factory Overhead O.31 Finished Goods Work in Process Oct 31 Cost of Goods Sold 574,400.00 . 18 996.$10.00 4 119 966,810.00 T 20 21 14 35 Finished Goods Miscellaneous Expense Barnes Company uses a job order cost system. The following data summarize the operations related to production for October: October .1 2 31 31 Materials purchased on account, $630,520 Materials requisitioned, $669,000, of which $76,690 was for general factory use. Factory labor used, $644,620, of which $91,400 was indirect, Other costs incurred on account for factory overhead, $147,440; selling expenses, $238,240; and administrative expenses, $150,800. 31 Prepaid expenses expired for factory overhead were $30,340; for selling expenses, $25,550; and for administrative expenses, $18,210, Depreciation of office building was $85,350; of office equipment, $45,280; and of factory equipment, $32,530 Factory overhead costs applied to jobs, $374,600 Jobs completed, $996,810 31 Cost of goods sold. $892,790. 31 31 31 Required: Journalize the entries to record the summarized operations. Refer to the chart of accounts for the exact wording of the account titles. CNOW Journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debit or credit entries. Do not add explanations of skip a line between Journal entries. CNOW foumals will automatically indent a credit entry when a credit amount is entered. a Journalize the entries to record the summarized operations. Refer to the chart of accounts for the exact wording of the account is. CNOW Journals do not use lines for spaces or joumal explanations. Every ine on a journal page is used for debit or credit ontrios. Do not add explanations or skip a ne between journal entries, CNOW joumals will automatically Indent a credit entry when a credit amount is entered PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCUPTION POST REF DET CREDIT LABILITIES EQUITY 1 ASSETS 1 630,520.00 Oct. 1 Materials Accounts Payable 2 630.520.00 + 5 Oct 2 Work in Process Factory Overhead 76,690.00 1 5 745,690.00 1 Materials Oct. 31 Work in Process Factory Overhead Wages Expense Oct 31 Factory Overhead 91.400.00 1 644,620.00 147440.00 + Carlin 10 Instructions Chart of Accounts Journal Journal 9 147.440.00 1 30 25.550.00 . 18,210.00 74.100.00 1 130,630.00 T 16 32,530.00 ! 163,160.00 1 - Oct 31 Factory Overhead Selling Expenses Administrative Expenses Accounts Payable Oct 31 Factory Overhead Selling Expenses Administrative Expenses Prepaid Expenses Oct 31 Factory Overhead Oct 31 Administrative Expenses Depreciation Expense Office Equipment Work in Process Factory Overhead Oct 31 Finished Goods Work in Process 374600.00 1 374 500.00 . 30 995,810.00 + 966.310.00 1 20 21 22 11 14 Oct. 31 Cost of Goods Sold Finished Goods = Journal 11 121000 12 74.100.00 1 1 130630.00 + 14 52.550,00 + 15 163.160.00 + 374.500.00 1 37 Administrative Expenses Accounts Payable 00:31 Factory Overhead Selling Expenses Administrative Expenses Prepaid Expenses Oct 31 Factory Overhead Oct 31 Administrative Expenses Depreciation pense Office Equipment Work in Process Factory Overhead O.31 Finished Goods Work in Process Oct 31 Cost of Goods Sold 574,400.00 . 18 996.$10.00 4 119 966,810.00 T 20 21 14 35 Finished Goods Miscellaneous Expense