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Keeton Company had the following data: Cost of materials used Direct labor costs Factory overhead Work in process inventory, beginning Work in process inventory, ending

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Keeton Company had the following data: Cost of materials used Direct labor costs Factory overhead Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending $60,000 58,000 33,000 29,000 18,000 32,000 18,000 Determine the cost of goods sold. $ Entries for costs in a 36 Order Cost Svet Royal Technology company was a job order coststem. The following data are the operacioned to production for March a. Materials purchased on account, $625,370 h. Materials uitioned, 525,310, of which $68,250 was for general actory Factory tabor sed, 5644,130, of which 5122,380 was indirect 4. Other costs incurred on account for factory overhead. 150,000 peo, 233,990, and traveco 5137.580 e. Prepaid expenses expired for Factory overhead were 528,770 for sing expenses $24.90, and trade pe 17,500 Depreciation of factory went was $28,770, office in 2,530, and of building, 53,00 Factory overhead costs applied to jobs. 356,450 Jobs completed, 1825,490. Cost of goods sold $800,470 I VC Required Journaise the entries to record the smarted operations amount box does not requirementry, len tak Material purchased on account, $625.370 Entry Description Debit Credit . Materials requisitioned $525.310, of which 20 was for general factory se Entry Description Debit Credit & Factory labor used. 1644,130, of which $122.380 was indirect entry Description Debit Credit 4. Other costs incurred on count for factory overhead $150,000, sengepee 1231.790, and drove expenses, $137.500 Entry Description Debit Credit e. Prepaid expenses expired for factory overhead were 120,770; for seg speses, 34.790, for expenses 17,510 Entry Description Debit Credit Depreciation of factory equipment was $28.770 of office equipment, 142,530and of couding 89.000 Entry Description Debit Credit

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