E20.8 ( LO1,2,3,4), AP Enos rrinung corp. uses a jod order cost system. The following data summarize the pperations 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 \$49,500. (Hint: Use Accounts Payable.) 4. Depreciation on factory equipment $14,550. 5. Depreciation on the company's office building $14,300. 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 rotal cost for each job in item 7 E20.8 ( LO1,2,3,4), AP Enos rrinung corp. uses a jod order cost system. The following data summarize the pperations 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 \$49,500. (Hint: Use Accounts Payable.) 4. Depreciation on factory equipment $14,550. 5. Depreciation on the company's office building $14,300. 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 rotal cost for each job in item 7