O Entries for Costs in a Job Order Cost System Royal Technology Company uses a job order cast system. The following data summarize the operations related to production for March: a. Materials purchased on account, $739,020. b. Materials requisitioned, $620,780, of which $80,700 was for general factory use Factory labor used, $761,190, of which $144,630 was indirect d. Other costs incurred on account for factory overhead, $177,360; selling expenses, $273,440, and administrative expenses, $162,500 Prepaid expenses expired for factory overhead were $33,990, for selling expenses, $28.820; and for administrative expenses $20.690 Depreciation of factory equipment was $33,990; of office equipment, $50,250; and of office building, $99.030. Factory overhead costs applied to jobs, $421,240 Jobs completed, $975,510. L Cost of goods sold, $945,950. Required: Journalize the entries to record the summarized operations. If an amount box does not require an entry, leavi Materials purchased on account, 1739,020. 30 Entry Description Accounts Payable Debit Credit b. Materals requisoned, $620,780, of which 580,700 was for general factory use Entry Materials Description Debit Factory labor used, $761,100, of which 1144,630 was indirect Credit