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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

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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, $681,690 b. Materials requisitioned, $572,620, of which $74,440 was for general factory use c. Factory labor used, $702,140, of which $133,410 was indirect d. Other costs incurred on account for factory overhead, $163,610; selling expenses, $252,230; and administrative expenses, $149,970 e. Prepaid expenses expired for factory overhead, $31,360; for selling expenses, $26,590; and for administrative expenses, $19,090 f. Depreciation of office building was $91,350; of office equipment, $46,350; and of factory equipment, $31,360 9. Factory overhead costs applied to jobs, $388,560 h. Jobs completed, $899,830 1. Cost of goods sold, $872,560 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, $681,690. b. Materials requisitioned, $572,620, of which $74,440 was for general factory use. c. Factory labor used, $702,140, of which $133,410 was indirect. d. Other costs incurred on account for factory overhead, $163,610; selling expenses, $252,230; and administrative expenses, $149,970. e. Prepaid expenses expired for factory overhead, $31,360; for selling expenses, $26,590; and for administrative expenses, $19,090. f. Depreciation of office building was $91,350; of office equipment, $46,350; and of factory equipment, $31,360. 9. Factory overhead costs applied to jobs, $388,560. h. Jobs completed, $899,830. i. Cost of goods sold, $872,560

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