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, $627,590. b. Materials requisitioned, $527,180, of which $68,530 was for general factory use. c. Factory labor used, $646,420, of which $122,820 was indirect. d. Other costs incurred on account for factory overhead, $150,620; selling expenses, $232.210; and administrative expenses, $138,070. e. Prepaid expenses expired for factory overhead were $28,870; for selling expenses, $24.480; and for administrative expenses, $17.570. 1. Depreciation of factory equipment was $28,870; of office equipment, $42,680; and of office building, $84,100. g. Factory overhead costs applied to jobs, $357,730. h. Jobs completed, $828,420. I. Cost of goods sold, $803,320. 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. $627,590. Entry Description Debit Credit V b. Materials requisitioned $527,180, of which $68.530 was for general factory use. Entry Description Debit Credit b. Materials requisitioned, $527,180, of which $68,530 was for general factory use. beba c. Factory labor used, $646,420, of which $122,820 was indirect. Entry Description Debit Credit