Exercise 15-08 Your answer is partially correct. Try again. Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. 1. Materials purchased on account $ 197,600, and factory wages incurred $92,500. 2. Materials requisitioned and factory labor used by job: Job Number A20 A21 A22 A23 General factory use Materials $37,940 44,220 37,200 41,470 5,270 $166,100 Factory Labor $18,100 24,100 16,300 26,600 7,400 $92,500 3. Manufacturing overhead costs incurred on account $50,500. 4. Depreciation on factory equipment $16,650. 5. Depreciation on the company's office building was $14,500. 6. Manufacturing overhead rate is 87% of direct labor cost. 7. Jobs completed during the quarter: A20, A21, and A23. Prepare a schedule showing the individual cost elements and total cost for each job in item 7. J AVO FULL SCREEN PRINTER VERSION BACK NEX Direct Materials Direct Labor Manufacturing Total AZO 37,9 56,040 41,470 1 26,600 Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit No. Account Tities and Explanation (1) TRaw Materials Inventory Accounts Payable (To record materials purchases) Factory Labor Factory Wages Payable (To record factory wages) (To record factory wages) (2) Manufacturing Overhead Work in Process Inventory (To record materials put into production) Manufacturing Overhead JOD JOU DOO (To record labor put into production) (3) Work in Process Inventory (4) Manufacturing Overhead Accounts Payable 2 (4) Manufacturing Overhead Accounts Payable (5) Manufacturing Overhead Accumulated Depreciation-Equipment (6) Work in Process Inventory Manufacturing Overhead (7) Finished Goods Inventory Work in Process Inventory Click if you would like to show Work for this question: Open Show Work