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, $511,650. b. Materials requisitioned, $429,790, of which $55,870 was for general factory use. c. Factory labor used, $527,000, of which $100,130 was indirect. d. Other costs incurred on account for factory overhead, $122,800; selling expenses, $189,310; and administrative expenses, $112,560. e. Prepaid expenses expired for factory overhead were $23,540; for selling expenses, $19,950; and for administrative expenses, $14,330. f. Depreciation of factory equipment was $23,540; of office equipment, $34,790; and of office building, $68,560. g. Factory overhead costs applied to jobs, $291,640. h. Jobs completed, $675,380. 1. Cost of goods sold, $654,910. 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, $511,650. Entry Description Debit Credit