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Entries for Costs in Job Order Costing Royal Technology Company uses job order costing. The following data summarize the operations related to production for

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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, $838,980. b. Materials requisitioned, $704,740, of which $91,620 was for general factory use. c. Factory labor used, $864,150, of which $164,190 was indirect. d. Other costs incurred on account for factory overhead, $201,360; selling expenses, $310,420; and administrative expenses, $184,580. e. Prepaid expenses expired for factory overhead were $38,590; for selling expenses, $32,720; and for administrative expenses, $23,490. f. Depreciation of factory equipment was $38,590; of office equipment, $57,050; and of office building, $112,420. g. Factory overhead costs applied to jobs, $478,220. h. Jobs completed, $1,107,450. i. Cost of goods sold, $1,073,890. 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, $838,980. Entry a. Description Debit Credit b. Materials requisitioned, $704,740, of which $91,620 was for general factory use. Entry b. Description Debit c. Factory labor used, $864,150, of which $164,190 was indirect. Entry C. Description Credit Debit Credit d. Other costs incurred on account for factory overhead, $201,360; selling expenses, $310,420; and administrative expenses, $184,580. Entry Description Debit Credit d. e. Prepaid expenses expired for factory overhead were $38,590; for selling expenses, $32,720; and for administrative expenses, $23,490. e. Entry Description Debit Credit f. Depreciation of factory equipment was $38,590; of office equipment, $57,050; and of office building, $112,420. Entry Description Debit Credit g. Factory overhead costs applied to jobs, $478,220. Entry g. Description Debit Credit g. Factory overhead costs applied to jobs, $478,220. Entry g. h. Jobs completed, $1,107,450. Entry h. Description Debit Credit Description Debit Credit i. Cost of goods sold, $1,073,890. Entry i. Description Debit Credit

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