Return to Blackboard JS Wandt, Financial and Managerial, e Question Sheridan Printing Corp. uses a job onder cost system. The following data summarize the operation related to the first quarter's production 1. Materials purchased on account $196,700, and factory wages incurred 593,000 2. Materials requisitioned and factory labor used by job Job Number A20 A21 Materials $36,640 44,920 37.300 41,770 5.270 $165,900 Factory Labor $18,400 23,200 16,900 26,200 3,300 $93.000 A23 General factory use 3. Manufacturing overhead costs incurred on account $54,000 4. Depreciation on factory equipment $17,250 S. Depreciation on the company's office building was 514,400 6. Manufacturing overhead rate is 81% of direct labor cost 7: Jobs completed during the quarter: A20, A21, and 123 Prepare a schedule showing the individual cost elements and total cost for each job in teen Direct Direct Manufacturing Job Materials Labor Overhead Total A20 $ A21 123 Prepare entries to record the operations surmanized above. (Credit accountries are automatically indented when amount interes to search o M 2 59 FA F7 FB FO 15 FO 1- * # $ & % Prepare entries to record the operations summarized above. (Credit account titles are automatically No. Account Titles and Explanation Debit Credit (1) (To record materials purchases) (To record factory wages) (2) (To record materials put into production) (To record labor put into production) (3) search O Elt C 22 (3) 4 (5) (6) (7) Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT search ORI - M 2