Materials purchased on account, $770,000.

2

Materials requisitioned, $680,000, of which $75,800 was for general factory use.

31

Factory labor used, $756,000, of which $182,000 was indirect.

31

Other costs incurred on account for factory overhead, $245,000; selling expenses, $171,500; and administrative expenses, $110,600.

31

Prepaid expenses expired for factory overhead were $24,500; for selling expenses, $28,420; and for administrative expenses, $16,660.

31

Depreciation of factory equipment was $49,500; of office equipment, $61,800; and of office building, $14,900.

31

Factory overhead costs applied to jobs, $568,500.

31

Jobs completed, $1,500,000.

31

Cost of goods sold, $1,375,000.

Journalize the entries to record the summarized operations. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 10

JOURNAL

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