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Entries for costs in a job order cost system Churchill Co. uses a job order cost system. The following data summarize the operations related to
Entries for costs in a job order cost system Churchill Co. uses a job order cost system. The following data summarize the operations related to production for November: a. Materials purchased on account, $528, 000. b. Materials requisitioned, $462, 000, of which $58, 800 was for general factory use. c. Factory labor used, $545, 200, of which $76, 400 was indirect. d. Other costs incurred on account for factory overhead, $123, 400: selling expenses, $195, 500: and administrative expenses, $121, 800. e. Prepaid expenses expired for factory overhead were $24, 360: for selling expenses, $20, 600: and for administrative expenses, $14, 900. f. Depreciation of office building was $70, 500: of office equipment, $36, 120: and of factory equipment, $24, 360. g. Factory overhead costs applied to jobs, $300, 400. h. Jobs completed, $840, 000. i. Cost of goods sold, $740, 000. Journalize the entries to record the summarized operations
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