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Entries for Costs in a Job Order Cost System Velasco Co, uses a job order cost system. The following data summarize the operations reiated to production for July: a. Materials purchased on account, $785,410 b. Materials requisitioned, $659,740, of which $85,770 was for general factory use c. Factory tabor used, $808,970, of which $153,700 was indirect d. Other costs incurred on account for factory overhead, $188,500; selling expenses, $290,600; and administrative expenses, $172,790 e. Prepaid expenses expired for factory overhead, $36,130; for selling expenses, $30,630; and for administrative expenses, $21,990 f. Depreciation of office buliding was $105,240; of office equipment, $53,410; and of factory equipment, $36,130 9. Factory overhead costs applied to jobs, $447,680 h. Jobs completed, $1,036,740 1. Cost of goods sold, $1,005,320 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, $785,410. Journalize the entries to record the summarized operations. If an amount box does not require on entry, leave it blank. a. Materials purchased on account, $785,410 b. Materials requisitioned, $659,740, of which $85,770 was for general factory use. c. Factory labor used, $808,970, of which $153,700 was indirect. d. Other costs incurred on account for factory overhead, $188,500; selling expenses, $290,600; and administrative expenses, $172,790. e. Prepaid expenses expired for factory overh 36,$36,130; for selling expenses, $30,630; and for administrative expenses, $21,9. 9. Factory overhead costs applied to jobs, $447,680. h. Jobs completed, $1,036,740. h. Jobs completed, $1,036,740. i. Cost of goods sold, $1,005,320