Instruction (a) (b) (c) Materials purchased on account Prepaid expenses incurred on account Materials requisitioned For production orders For general factory use Factory labor used On production orders For general factory purposes $176,000 12,200 153,700 700 (d) (e) Depreciation on factory equipment (f) Expiration of prepaid expenses, chargeable to factory (g) Factory overhead costs incurred on account (h) Factory overhead applied, based on machine hours (0)Jobs finished 0) Jobs shipped to customers: Cost 141,300 12,000 37,000 6,100 76,000 105,300 415,300 412,000 638,000 Selling price (assume all sold on account) Required: Present entries to record the above summarized operations related to production for a company using a job order cost system. Refer to the Chart of Accounts for exact wording of account tities