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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:

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, $770,000.
b. Materials requisitioned, $680,000, of which $75,800 was for general factory use.
c. Factory labor used, $756,000, of which $182,000 was indirect.
d. Other costs incurred on account for factory overhead, $245,000; selling expenses, $171,500; and administrative expenses, $110,600.
e. Prepaid expenses expired for factory overhead were $24,500; for selling expenses, $28,420; and for administrative expenses, $16,660.
f. Depreciation of factory equipment was $49,500; of office equipment, $61,800; and of office building, $14,900.
g. Factory overhead costs applied to jobs, $568,500.
h. Jobs completed, $1,500,000.
i. Cost of goods sold, $1,375,000.
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, $770,000.
Entry
Description
Debit
Credit
a.
b. Materials requisitioned, $680,000, of which $75,800 was for general factory use.
Enitry
Description
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