Entries for Costs in a lob Order Cost System Munson Co. uses a job order cost system. The following data summarize the operations related to production for July: a. Materials purchased on account, $599,230 b. Materials requisitioned, $503,350, of which $65,440 was for general factory use c. Factory labor used, $617,210, of which $117,270 was indirect d. Other costs incurred on account for factory overhead, $143,820; selling expenses, $221,720; and administrative expenses, $131,830 e. Prepaid expenses expired for factory overhead, $27,560; for selling expenses, $23,370; and for administrative expenses, $16,780 f. Depreciation of office building was $80,300; of office equipment, $40,750; and of factory equipment, $27,560 g. Factory overhead costs applied to jobs, $341,560 h. Jobs completed, $790,980 i. Cost of goods sold, $767,010 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. a. Materials purchased on account, $599,230. Entry Description Debit Credit a Materials Accounts Payable b. Materials requisitioned, $503,350, of which $65,440 was for general factory use. Entry Dorption DAR Cred Work in Process Factory Overhead Materials C. Factory labor used, $617,210, of which $117,270 was indirect. Entry Description Debit Credit Work in Process Factory Overheid Wages Payable d. Other costs incurred on account for factory overhead, $143,820; selling ex- penses, $221,720; and administrative expenses, $131,830. Entry Description Debit Credit Factory Ovind Selling Expens Administrative Accounts Pays e. Prepaid expenses expired for factory overhead, $27,560; for selling expenses, $23,370; and for administrative expenses, $16,780. Entry Description Det Factory Overhead Selling Expenses Administrative Expenses Prepaid Expenses f. Depreciation of office building was $80,300; of office equipment, $40,750; and of factory equipment, $27,560. Entry Description Debit Credit Depreciation Expense-Office Building Depreciation Expense-Office Equipment Factory Overhead g. Factory overhead costs applied to jobs, $341,560. Entry Description Debit Credit Work In Process Factory Owethand h. Jobs completed, $790,980. Entry Description Debit Credit Finished Goods Work in Process i. Cost of goods sold, $767,010. Entry Description Debit Credit Cool idioods Sold thods