Prepare entries to record the following summarized operations related to production for a company using a job order cost system: (a) Materials purchased on account (b) Prepaid expenses incurred on account (c) Materials requisitioned: For production orders For general factory use (d) Factory labor used: On production orders For general factory purposes $167,000 12,200 153,700 2,700 141,300 12,000 (e) Depreciation on factory equipment 37,000 (f) Expiration of prepaid expenses, chargeable to factory 6,100 (g) Factory overhead costs incurred on account 67,000 (h) Factory overhead applied, based on machine hours 105,300 (i) Jobs finished 415,300 (j) Jobs shipped to customers: cost, $412,000 and selling price of and $638,000. (K) Prepare the journal entry for over or underapplied factory overhead. Screenshot