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, $709,100. b. Materials requisitioned, $595,640, of which $77,430 was for general factory use. c. Factory labor used, $730,370, of which $138,770 was indirect. d. Other costs incurred on account for factory overhead, $170,180; selling expenses, $262,370; and administrative expenses, $156,000. e. Prepaid expenses expired for factory overhead were $32,620; for selling expenses, $27,650; and for administrative expenses, $19,850. f. Depreciation of factory equipment was $32,620; of office equipment, $48,220; and of office building, $95,020. g. Factory overhead costs applied to jobs, $404,190. h. Jobs completed, $936,010. 1. Cost of goods sold, $907,650. 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, $709,100. Entry a. Description Debit Credit b. Materials requisitioned, $595,640, of which $77,430 was for general factory use. Entry b. Description Debit Credit