E2.8 (LO 1, 2, 3, 4), AP Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production O. A21 A23 Materials purchased on account $192,000, and factory A. Work in Process Inventory wages incurred $87,300 240,930 Finished Goods Materials requisitioned and factory labor used by job: Job Number Materials Factory Labor Inventory 240,930 A20 $35,240 $18,000 42,920 22.000 B. Manufacturing Overhead A22 36,100 15,000 39,270 25,000 14,550 Indirect 4,470 7,300 Accumulated Depreciation- $158,000 $87,300 Equipment 14,550 Manufacturing overhead costs incurred on account C Accounts Payable $49,500. (Hint: Use Accounts Payable.) 49,500 Manufacturing Depreciation on factory equipment $14,550, Overhead 49,500 Depreciation on the company's office building $14,300. Manufacturing overhead rate is 90% of direct labor cost. D. Manufacturing Overhead 49,500 Jobs completed during the quarter: A20, A21, and A23 Accounts Payable 49,500 V E. Work in Process Inventory 153,530 Manufacturing Overhead 4,470 Raw Materials Inventory 158,000 7,300 Work in Process Inventory 80,000 Manufacturing Overhead Factory Labor 87,300 F. Work in Process Inventory 72,000 Manufacturing Overhead 72,000 G. Raw Materials Inventory 158,000 Work in Process Inventory 153,530 Manufacturing Overhead 4,470 Factory Labor 87,300 Work in Process Inventory 80,000 Manufacturing Overhead 7,300 H. Depreciation Expense 14,550 Accumulated Depreciation- Building 14,550 1. Accumulated Depreciation- Building 14,300 Depreciation Expense 14,300 J. Finished Goods Inventory 245,300 Work in Process Inventory 245,300 K. Manufacturing Overhead 72,000 Work in Process Inventory 72,000 L. Finished Goods Inventory 240,930 Work in Process Inventory 240,930 M. Accounts Payable 192,000 Raw Materials Inventory 192,000 Payroll Liabilities Factory Labor 87,300 87,300 N. Depreciation Expense 14,300 Accumulated Depreciation- Building 14,300 0. Raw Materials Inventory 192,000 Accounts Payable 192,000 87,300 Factory Labor Payroll Liabilities 87,300