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Munson Co. uses a job order cost system. The following data summarize the operations related to production for July July 1 2 31 31 31

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Munson Co. uses a job order cost system. The following data summarize the operations related to production for July July 1 2 31 31 31 Materials purchased on account, $225,750 Materials requisitioned, $217,600, of which $17.600 was for general factory use Factory Labor used. $680,000, of which $72,300 was indirect. Other costs incurred on account for factory overhead, $330,000: selling expenses, $180,000: and administrative expenses. $120,000. Prepaid expenses expired for factory overhead were $27.500: for selling expenses, $8,100: and for administrative expenses. $5.250 Depreciation of office building was $44.500 ot ottice equipment, $16,800, and of factory equipment, $55,100 Factory overhead costs applied to jobs. $548.000 Jobs completed. $1.140,000 Cost of goods sold, $1,128,000 31 31 31 31

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