Entries for Costs in a Job Order Cost System Royal Technology Company uses a job order...

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Entries for Costs in a Job Order Cost System Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for March: a. Materials purchased on account, $707,270. b. Materials requisitioned, $594,110, of which $77,230 was for general factory use. c. Factory labor used, $728,490, of which $138,410 was indirect. d. Other costs incurred on account for factory overhead, $169,740; selling expenses, $261,690; and administrative expenses, $155,600. e. Prepaid expenses expired for factory overhead were $32,530; for selling expenses, $27,580; and for administrative expenses, $19,800. f. Depreciation of factory equipment was $32,530; of office equipment, $48,090; and of office building, $94,770. g. Factory overhead costs applied to jobs, $403,140. h. Jobs completed, $933,600. i. Cost of goods sold, $905,310. Required: Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. f. Depreciation of factory equipment was $32,530; of office equipment, $48,090; and of office building, $94,770. Entry Description g. Factory overhead costs applied to jobs, $403,140. Entry h. Jobs completed, $933,600. Entry h. i. Cost of goods sold, $905,310. Entry Description Debit Credit Debit Credit Description Debit Credit Description Debit Credit Entries for Costs in a Job Order Cost System Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for March: a. Materials purchased on account, $707,270. b. Materials requisitioned, $594,110, of which $77,230 was for general factory use. c. Factory labor used, $728,490, of which $138,410 was indirect. d. Other costs incurred on account for factory overhead, $169,740; selling expenses, $261,690; and administrative expenses, $155,600. e. Prepaid expenses expired for factory overhead were $32,530; for selling expenses, $27,580; and for administrative expenses, $19,800. f. Depreciation of factory equipment was $32,530; of office equipment, $48,090; and of office building, $94,770. g. Factory overhead costs applied to jobs, $403,140. h. Jobs completed, $933,600. i. Cost of goods sold, $905,310. Required: Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. f. Depreciation of factory equipment was $32,530; of office equipment, $48,090; and of office building, $94,770. Entry Description g. Factory overhead costs applied to jobs, $403,140. Entry h. Jobs completed, $933,600. Entry h. i. Cost of goods sold, $905,310. Entry Description Debit Credit Debit Credit Description Debit Credit Description Debit Credit