1. 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:

   1. Materials purchased on account, $732,780
   2. Materials requisitioned, $615,540, of which $80,020 was for general factory use
   3. Factory labor used, $754,760, of which $143,400 was indirect
   4. Other costs incurred on account for factory overhead, $175,870; selling expenses, $271,130; and administrative expenses, $161,210
   5. Prepaid expenses expired for factory overhead, $33,710; for selling expenses, $28,580; and for administrative expenses, $20,520
   6. Depreciation of office building was $98,190; of office equipment, $49,830; and of factory equipment, $33,710
   7. Factory overhead costs applied to jobs, $417,680
   8. Jobs completed, $967,270
   9. Cost of goods sold, $937,960

   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, $732,780.

   Entry	Description	Debit	Credit
   a.

   b. Materials requisitioned, $615,540, of which $80,020 was for general factory use.

   Entry	Description	Debit	Credit
   b.

   c. Factory labor used, $754,760, of which $143,400 was indirect.

   Entry	Description	Debit	Credit
   c.

   d. Other costs incurred on account for factory overhead, $175,870; selling expenses, $271,130; and administrative expenses, $161,210.

   Entry	Description	Debit	Credit
   d.

   e. Prepaid expenses expired for factory overhead, $33,710; for selling expenses, $28,580; and for administrative expenses, $20,520.

   Entry	Description	Debit	Credit
   e.

   f. Depreciation of office building was $98,190; of office equipment, $49,830; and of factory equipment, $33,710.

   Entry	Description	Debit	Credit
   f.

   g. Factory overhead costs applied to jobs, $417,680.

   Entry	Description	Debit	Credit
   g.

   h. Jobs completed, $967,270.

   Entry	Description	Debit	Credit
   h.

   i. Cost of goods sold, $937,960.

   Entry	Description	Debit	Credit
   i.