Entries for Costs in a Job Order Cost System Munson Co. uses a job order cost system. The following data summarize the operations related to production for July: a. Materials purchased on account, $580,970 b. Materials requisitioned, $488,010, of which $63,440 was for general factory use C. Factory labor used, $598,400, of which $113,700 was indirect d. Other costs incurred on account for factory overhead, $139,430; selling expenses, $214,960; and administrative expenses, $127,810 e. Prepaid expenses expired for factory overhead, 526,720; for selling expenses, $22,660; and for administrative expenses, 516,270 f. Depreciation of office building was $77,850; of office equipment, $39,510; and of factory equipment, $26,720 9. Factory overhead costs applied to jobs, $331,150 h. Jobs completed, $765,880 1. Cost of goods sold, $743,640 Required: Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave blank. a. Materials purchased on account. $580,970. Entry Description Debit Credit b. Materials requisitioned, $488,010, of which $63,440 was for general factory use. Entry Description Debit Credit b C. Factory labor used, $598,400, of which $113,700 was indirect. Entry Description Debit Credit d. Other costs incurred on account for factory overhead, $139,430; selling expenses, $214,960; and administrative expenses, $127,810. Entry Description Debit Credit d. e. Prepaid expenses expired for factory overhead, $26,720; for selling expenses, $22,660; and for administrative expenses, $16,270. Entry Description Debit Credit f. Depreciation of office building was $77,850; of office equipment, $39,510; and of factory equipment, $26.720. Entry Description Debit Credit g. Factory overhead costs applied to jobs, $331,150. Entry Description Debit Credit g. h. Jobs completed, $766,880. Entry Description Debit Credit i. Cost of goods sold, $743,640. Entry Description Debit Credit