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, $484,620. b. Materials requisitioned, $407,080, of which $52,920 was for general factory use. c.Factory labor used, $499,160, of which $94,840 was indirect. d. Other costs incurred on account for factory overhead, $116,310; selling expenses, $179,310; and administrative expenses, $106,620. e. Prepaid expenses expired for factory overhead were $22,290; for selling expenses, $18,900; and for administrative expenses, $13,570. f. Depreciation of factory equipment was $22,290; of office equipment, $32,950; and of office building, $64,940 g. Factory overhead costs applied to jobs, $276,230. h. Jobs completed, $639,700. i. Cost of goods sold, $620,310. Required Journalize the entries to record the summarized operations. For a compound transaction, if an amount box does not require an entry, leave i a. Materials purchased on account, $484,620 Entry Description Debit Credit Cash 484,620 Accounts Payable 484620 b. Materials requisitioned, $407,080, of which $52,920 was for general factory use. Entry Description Debit Credit b. c. Factory labor used, $499,160, of which $94,840 was indirect. Entry Description Debit Credit C. f. Depreciation of factory equipment was $22,290; of office equipment, $32,950; and of office building, $64,940 Entry Description Debit Credit 9. Factory overhead costs applied to jobs, $276,230. Entry Description Debit Credit h. Jobs completed, $639,700. Entry Description Debit Credit i. Cost of goods sold, $620,310. Entry Description Debit Credit