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please help answer A - I. Thank you! Entries for Costs in a Job Order Cost System Velasco Co. uses a job order cost system.

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Entries for Costs in a Job Order Cost System Velasco Co. uses a job order cost system. The following data summarize the operations related to production for July: a. Materials purchased on account, $638,750 b. Materials requisitioned, $536,550, of which $69,750 was for general factory use C. Factory labor used, $657,910, of which $125,000 was indirect d. Other costs incurred on account for factory overhead, $153,300; selling expenses, $236,340; and administrative expenses, $140,530 e. Prepaid expenses expired for factory overhead, $29,380; for selling expenses, $24,910; and for administrative expenses, $17,890 f. Depreciation of office building was $85,590; of office equipment, $43,440; and of factory equipment, $29,380 9. Factory overhead costs applied to jobs, $364,090 h. Jobs completed, $843,150 i. Cost of goods sold, $817,600 Required: Journalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank. a. Materials purchased on account, $638,750. Entry Description Debit Credit a. b. Materials requisitioned, $536,550, of which $69,750 was for general factory use. Entry Description Debit Credit b. C. Factory labor used, $657,910, of which $125,000 was indirect. Entry Description Debit Credit = d. Other costs incurred on account for factory overhead, $153,300; selling expenses, $236,340; and administrative expenses, $140,530. Entry Description Debit Credit d. e. Prepaid expenses expired for factory overhead, $29,380; for selling expenses, $24,910; and for administrative expenses, $17,890. Entry Description Debit Credit e. f. Depreciation of office building was $85,590; of office equipment, $43,440; and of factory equipment, $29,380. Entry Description Debit Credit g. Factory overhead costs applied to jobs, $364,090. Entry Description Debit Credit g. h. Jobs completed, $843,150. Entry Description Debit Credit h. i. Cost of goods sold, $817,600. Entry Description Debit Credit

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