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, $764,550. b. Materials requisitioned, $642,220, of which $83,490 was for general factory use. c. Factory labor used, $787,490, of which $149,620 was indirect. d. Other costs incurred on account for factory overhead, $183,490; selling expenses, $282,880; and administrative expenses, $168,200. e. Prepaid expenses expired for factory overhead were $35,170; for selling expenses, $29,820; and for administrative expenses, $21,410. f. Depreciation of factory equipment was $35,170; of office equipment, $51,990; and of office building, $102,450. g. Factory overhead costs applied to jobs, $435,790. h. Jobs completed, $1,009,210. i. Cost of goods sold, $978,620. Required: Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave it blank. Debit Credit a. Materials purchased on account, $764,550. Entry Description a. Materials Accounts Payable Credit b. Materials requisitioned, $642,220, of which $83,490 was for general factory use. Entry Description Debit b. Work in Process Factory Overhead Materials Credit c. Factory labor used, $787,490, of which $149,620 was indirect. Entry Description Debit Work in Process Factory Overhead Wages Payable d. Other costs incurred on account for factory overhead, $183,490; selling expenses, $282,880; and administrative expenses, $168,200. Entry Description Debit Credit d. Factory Overhead Selling Expenses Administrative Expenses Accounts Payable e. Prepaid expenses expired for factory overhead were $35,170; for selling expenses, $29,820; and for administrative expenses, $21,410. Entry Description Debit Credit Factory Overhead e. Selling Expenses Administrative Expenses Prepaid Expenses f. Depreciation of factory equipment was $35,170; of office equipment, $51,990; and of office building, $102,450. Entry Description Debit Credit f. Factory Overhead Depreciation Expense-Office Equipment Depreciation Expense-Office Building Accumulated Depreciation-Buildings and Equipment g. Factory overhead costs applied to jobs, $435,790. Entry Description g. Work in Process Debit Credit Factory Overhead Debit Credit h. Jobs completed, $1,009,210. Entry Description h. Finished Goods Work in Process Debit Credit i. Cost of goods sold, $978,620. Entry Description i. Cost of Goods Sold Finished Goods