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, $508,860. b. Materials requisitioned, $427,440, of which $55,570 was for general factory use. c. Factory labor used, $524,130, of which $99,580 was indirect. d. Other costs incurred on account for factory overhead, $122,130; selling expenses, $188,280; and administrative expenses, $111,950. e. Prepaid expenses expired for factory overhead were $23,410; for selling expenses, $19,850; and for administrative expenses, $14,250. f. Depreciation of factory equipment was $23,410; of office equipment, $34,600; and of office building, $68,190. g. Factory overhead costs applied to jobs, $290,050. h. Jobs completed, $671,700. i. Cost of goods sold, $651,340. Required: Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. a. Materials purchased on account, $508,860. Entry a. Materials Accounts Payable Description Debit Credit 508,860 508,860 b. Materials requisitioned, $427,440, of which $55,570 was for general factory use. Entry b. Description Debit Credit