Entries for Cost in Job Order Costing

Royal lechnology Company uses job order costing. The following data summarize the operations related to production for March: a) Materials purchased on account, $619,810, b. Materials requisitioned, $20,640, of which $67,680 was for general factory use. c. Factory iabor used, $638,400, of which $121,300 was indirect. d. Other costs incurred on account for factory overhead, $148,750; selling expenses, $229,330; and administrative expenses, $136,360. e. Prepaid expenses expired for factory overhead were $28,510; for selling expenses, $24,170; and for administrative expenses, $17,350. 1. Depreciation of factory equipment was $28,510; of office equipment, $42,150; and of office building, $83,050. 9. Factory overhead costs applied to job 5,$353,290. h. Jobs completed, $818,150. t. Cost of goods sold, $793,360. Required: Yournatize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. a. Materials purchased on account, $619,810, b. Materials requisitioned, $520,640, of which $67,680 was for general foctory use. c. Factory labor used, $638,400, of which $121,300 was indirect. e. Prepaid expenses expired for factory overhead were $28,510; for selling expenses, $24,170; and for administrative expenses, $17,350. f. Depreciation of factory equipment was $28,510; of office equipment, $42,150; and of office building, $83,050. 9. Factory overhead costs applied to jobs, $353,290