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Journalize the entries for the following summarized operations related to production for a company using a job order cost system: a. Materials purchased on
Journalize the entries for the following summarized operations related to production for a company using a job order cost system: a. Materials purchased on account b. Materials requisitioned: For production orders For general factory use c. Factory labor used: On production orders For general factory purposes $176,000 153,700 2,700 141,300 12,000 d. Depreciation on factory equipment 37,000 e. Expiration of prepaid expenses, chargeable to factory 6,100 f. Factory overhead costs incurred on account 76,000 9. Factory overhead applied, based on machine hours 105,300 h Jobs finished 415,300 1. Jobs shipped to customers: Selling price (assume all sold on account) Cost of goods sold i If an amount box does not require an entry, leave it blank. 638,000 412,000 a. 00 00 000 00 00 00 0 00 00 00 DO DO DO D 11111 88 00 00
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