Entries for Costs in a Job Order Cost System

GIA Co. uses a job order cost system. The following data summarize the operations related to production for August:

Materials purchased on account, $601,830.

Materials requisitioned, $505,540, of which $65,720 was for general factory use.

Factory labor used, $619,880, of which $117,780 was indirect.

Other costs incurred on account were for factory overhead, $144,440; selling expenses, $222,680; and administrative expenses, $132,400.

Prepaid expenses expired for factory overhead were $27,680; for selling expenses, $23,470; and for administrative expenses, $16,850.

Depreciation of office building was $80,650; of office equipment, $40,920; and of factory equipment, $27,680.

Factory overhead costs applied to jobs, $343,040.

Jobs completed, $794,420.

Cost of goods sold, $770,340.

Required:

Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".

a. Materials purchased on account, $601,830.

b. Materials requisitioned, $505,540, of which $65,720 was for general factory use.

c. Factory labor used, $619,880, of which $117,780 was indirect.

d. Other costs incurred on account were for factory overhead, $144,440; selling expenses, $222,680; and administrative expenses, $132,400.

e. Prepaid expenses expired for factory overhead were $27,680; for selling expenses, $23,470; and for administrative expenses, $16,850.

f. Depreciation of office building was $80,650; of office equipment, $40,920; and of factory equipment, $27,680.

g. Factory overhead costs applied to jobs, $343,040.

h. Jobs completed, $794,420.

i. Cost of goods sold, $770,340.