Marinja Company uses job order costing. The following data summarize the operations related to production for May:

May $1$ Materials purchased on account, $$663,320.$

$2$ Materials requisitioned, $$618,780,$ of which $$71,310$ was for general factory use.

$31$ Factory labor used, $$640,350,$ of which $$88,200$ was indirect.

$31$ Other costs incurred on account for factory overhead, $$140,430$; selling expenses, $$245,050$; and administrative expenses, $$145,440.$

$31$ Prepaid expenses expired for factory overhead were $$30,100$; for selling expenses, $$27,880$; and for administrative expenses, $$18,590.$

$31$ Depreciation of office building was $$86,490$; of office equipment, $$45,350$; and of factory equipment, $$30,880.$

$31$ Factory overhead costs applied to jobs, $$365,760.$

$31$ Jobs completed, $$1,017,410.$

$31$ Cost of goods sold, $$911,220.$

Required:

Journalize the entries to record the summarized operations.

CHART OF ACCOUNTS

Marinja Company

General Ledger

ASSETS

$110$ Cash

$121$ Accounts Receivable

$125$ Notes Receivable

$126$ Interest Receivable

$131$ Materials

$132$ Work in Process

$133$ Factory Overhead

$134$ Finished Goods

$141$ Supplies

$142$ Prepaid Insurance

$143$ Prepaid Expenses

$181$ Office Building

$191$ Office Equipment

$192$ Accumulated Depreciation$-$Buildings and Equipment

LIABILITIES

$210$ Accounts Payable

$221$ Utilities Payable

$231$ Notes Payable

$236$ Interest Payable

$241$ Lease Payable

$251$ Wages Payable

$252$ Consultant Fees Payable

EQUITY

$311$ Common Stock

$340$ Retained Earnings

$351$ Dividends

REVENUE

$410$ Sales

$610$ Interest Revenue

EXPENSES

$510$ Cost of Goods Sold

$520$ Wages Expense

$531$ Selling Expenses

$532$ Insurance Expense

$533$ Utilities Expense

$534$ Office Supplies Expense

$540$ Administrative Expenses

$561$ Depreciation Expense$-$Office Building

$562$ Depreciation Expense$-$Office Equipment

$590$ Miscellaneous Expense

$710$ Interest Expense

Journalize the entries to record the summarized operations.

General Journal Instructions

PAGE $10$

JOURNALACCOUNTING EQUATION

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY