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, $551,440 b. Materials requisitioned, $463,210, of which $60,220 was for general factory use c. Factory labor used, $567,980, of which $107,920 was indirect d. Other costs incurred on account for factory overhead, $132,350; selling expenses, $204,030; and administrative expenses, $121,320 e. Prepaid expenses expired for factory overhead, $25,370; for selling expenses, $21,510; and for administrative expenses, $15,440 f. Depreciation of office building was $73,890; of office equipment, $37,500; and of factory equipment, $25,370 g. Factory overhead costs applied to jobs, $314,320 h. Jobs completed, $727,900 i. Cost of goods sold, $705,840 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. a. Materials purchased on account, $551,440. Entry Description Debit Credit a. b. Materials requisitioned, $463,210, of which $60,220 was for general factory use. Entry Description Debit Credit b. c. Factory labor used, $567,980, of which $107,920 was indirect. Entry Description Debit Credit C. d. Other costs incurred on account for factory overhead, $132,350; selling expenses, $204,030; and administrative expenses, $121,320. Entry Description Debit Credit d. e. Prepaid expenses expired for factory overhead, $25,370; for selling expenses, $21,510; and for administrative expenses, $15,440. Entry Description Debit Credit e. f. Depreciation of office building was $73,890; of office equipment, $37,500; and of factory equipment, $25,370. Entry Description Debit Credit f. g. Factory overhead costs applied to jobs, $314,320. Entry Description Debit Credit g. h. Jobs completed, $727,900. Entry Description Debit Credit h