Entries for Costs in Job Order Costing Royal Technology Company uses job order costing. The following data summarize the operations related to production for March: a. Materials purchased on account, $665,720. b. Materials requisitioned, $559,200, of which $72,700 was for general factory use. c. Factory labor used, $685,690, of which $130,280 was indirect. d. Other costs incurred on account for factory overhead, $159,770; selling expenses, $246,320; and administrative expenses, $146,460. e. Prepaid expenses expired for factory overhead were $30,620; for selling expenses, $25,960; and for administrative expenses, $18,640 f. Depreciation of factory equipment was $30,620; of office equipment, $45,270; and of office building, $89,210. 9. Factory overhead costs applied to jobs, $379,460. h. Jobs completed, $878,750. 1. Cost of goods sold, $852,120. 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, $665,720. b. Materials requisitioned, $5$9,200, of which $72,700 was for general factory use b. Materials requisitioned, $559,200, of which $72,700 was for general factory use. c. Factory labor used, $685,690, of which $130,280 was indirect. d. Other costs incurred on account for factory overhead, $159,770; selling expenses, $246,320; and administrative expenses, $146,460. e. Prepaid expenses expired for factory overhead were $30,620; for selling expenses, $25,960; and for administrative expenses, $18,640 9. Factory overhead costs applied to jobs, $379,460. h. Jobs completed, $878,750. Feedeack F Cnock My Watk Materials are recorded in the Materials inventory account until requisitioned. All direct costs: materials and labor are recorded in the Work in Process account. All indirect costs are considered overhead and are recorded in the Factory Overhead account. Overhead is applied to Work in Process using a predetermined overhead rate. The cost of completed jobs should be moved to the Finished Goods account. The cost of sold jobs should be moved to the Cost of Goods Sold account