Present entries to record the following summarized operations related to production for a company using a job order cost system.

a.

Materials purchased on account..$168,400

b.

Prepaid expenses charged on account...$7,400

c.

Materials requisitioned:

Chargeable to jobs....$156,500

Indirect materials....$7,800

d.

Factory Labor used:

Chargeable to jobs....$140,800

Indirect labor...$9,000

e.

Expiration of prepaid expenses, chargeable to factory.....$4,700

f.

Factory overhead costs charged on account....$51,600

g.

Depreciation on factory equipment....$36,000

h.

Factory overhead applied at the rate of 75% of direct labor cost.?

i.

Jobs finished......$403,400

j.

Jobs shipped and billed to customers:

(1)

Cost...........$345,600

(2)

Selling Price..$576,000

JOURNAL ENTRIES
Date		Accounts				Debit	Credit
2017	a.
	b.
	c.
	d.
	e.
	f.
	g.
	h.
	i.
	j. (1)
	j. (2)