Prepare journal entries to record the following summarized operations related to production for a company using a job order cost system. Omit explanations. a. Materials purchased on account $ 167,000 b. Materials requisitioned: For production orders 153,700 For general factory use 2,700 c. Factory labor used: On production orders 141,300 For general factory purposes 12,000 d. Factory overhead costs incurred: Depreciation of factory equipment 67,000 Utilities paid in cash 100,000 e. Factory overhead applied, predetermined rate 100% of direct 2 labor dollars Cost of jobs transferred to Finished Goods 415,300 g. Jobs sold on account: cost $412,000; selling price 638,000 h. Closed the under-or over-applied overhead account balance. 2 f. POST REF DEBIT CREDIT DATE DESCRIPTION 2 2 3 3 4 4 5 6 5 6 7 7 00 8 9 9 9 10 10 11 11 12 12