Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for March:

Materials purchased on account, $675,820.

Materials requisitioned, $567,690, of which $73,800 was for general factory use.

Factory labor used, $696,090, of which $132,260 was indirect.

Other costs incurred on account for factory overhead, $162,200; selling expenses, $250,050; and administrative expenses, $148,680.

Prepaid expenses expired for factory overhead were $31,090; for selling expenses, $26,360; and for administrative expenses, $18,920.

Depreciation of factory equipment was $31,090; of office equipment, $45,960; and of office building, $90,560.

Factory overhead costs applied to jobs, $385,220.

Jobs completed, $892,080.

Cost of goods sold, $865,050.

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, $675,820.

Entry	Description	Debit	Credit
a.	Accounts Payable Cash Factory Overhead Finished Goods Materials Work in Process	fill in the blank 2	fill in the blank 3
	Accounts Payable Cash Factory Overhead Finished Goods Materials Work in Process	fill in the blank 5	fill in the blank 6

b. Materials requisitioned, $567,690, of which $73,800 was for general factory use.

Entry	Description	Debit	Credit
b.	Accounts Payable Cash Cost of Goods Sold Finished Goods Materials Work in Process	fill in the blank 8	fill in the blank 9
	Administrative Expenses Cash Factory Overhead Finished Goods Materials Selling Expenses	fill in the blank 11	fill in the blank 12
	Finished Goods Cash Cost of Goods Sold Factory Overhead Materials Work in Process	fill in the blank 14	fill in the blank 15

c. Factory labor used, $696,090, of which $132,260 was indirect.

Entry	Description	Debit	Credit
c.	Accounts Payable Cash Finished Goods Materials Wages Payable Work in Process	fill in the blank 17	fill in the blank 18
	Accounts Payable Cash Cost of Goods Sold Finished Goods Factory Overhead Wages Payable	fill in the blank 20	fill in the blank 21
	Accounts Payable Cash Cost of Goods Sold Factory Overhead Wages Payable Work in Process	fill in the blank 23	fill in the blank 24

d. Other costs incurred on account for factory overhead, $162,200; selling expenses, $250,050; and administrative expenses, $148,680.

Entry	Description	Debit	Credit
d.	Accounts Payable Accounts Receivable Cash Factory Overhead Materials Prepaid Expenses	fill in the blank 26	fill in the blank 27
	Accounts Payable Cash Cost of Goods Sold Finished Goods Selling Expenses Work in Process	fill in the blank 29	fill in the blank 30
	Accounts Payable Administrative Expenses Cash Finished Goods Materials Work in Process	fill in the blank 32	fill in the blank 33
	Administrative Expenses Accounts Payable Accounts Receivable Cash Factory Overhead Selling Expenses	fill in the blank 35	fill in the blank 36

e. Prepaid expenses expired for factory overhead were $31,090; for selling expenses, $26,360; and for administrative expenses, $18,920.

Entry	Description	Debit	Credit
e.	Accounts Receivable Cash Factory Overhead Finished Goods Prepaid Expenses Work in Process	fill in the blank 38	fill in the blank 39
	Cash Cost of Goods Sold Finished Goods Materials Prepaid Expenses Selling Expenses	fill in the blank 41	fill in the blank 42
	Accounts Payable Administrative Expenses Cash Finished Goods Prepaid Expenses Work in Process	fill in the blank 44	fill in the blank 45
	Accounts Receivable Administrative Expenses Cash Factory Overhead Prepaid Expenses Selling Expenses	fill in the blank 47	fill in the blank 48

f. Depreciation of factory equipment was $31,090; of office equipment, $45,960; and of office building, $90,560.

Entry	Description	Debit	Credit
f.	Accumulated Depreciation-Buildings and EquipmentCashCost of Goods SoldFactory OverheadFinished GoodsWork in Process	fill in the blank 50	fill in the blank 51
	Accumulated Depreciation-Buildings and EquipmentCashFinished GoodsDepreciation Expense-Office EquipmentFinished GoodsMaterials	fill in the blank 53	fill in the blank 54
	Accounts PayableAccumulated Depreciation-Buildings and EquipmentCashDepreciation Expense-Office BuildingFinished GoodsWork in Process	fill in the blank 56	fill in the blank 57
	Accumulated Depreciation-Buildings and EquipmentCashDepreciation Expense-Office EquipmentDepreciation Expense-Office BuildingFactory OverheadFinished Goods	fill in the blank 59	fill in the blank 60

g. Factory overhead costs applied to jobs, $385,220.

Entry	Description	Debit	Credit
g.	Accounts ReceivableCashFactory OverheadFinished GoodsMaterialsWork in Process	fill in the blank 62	fill in the blank 63
	Accounts PayableCashFactory OverheadFinished GoodsMaterialsWork in Process	fill in the blank 65	fill in the blank 66

h. Jobs completed, $892,080.

Entry	Description	Debit	Credit
h.	Accounts PayableCashCost of Goods SoldFinished GoodsMaterialsWork in Process	fill in the blank 68	fill in the blank 69
	Accounts ReceivableAccounts PayableCashFactory OverheadFinished GoodsWork in Process	fill in the blank 71	fill in the blank 72

i. Cost of goods sold, $865,050.

Entry	Description	Debit	Credit
i.	Accounts ReceivableCashCost of Goods SoldFinished GoodsFactory OverheadWork in Process	fill in the blank 74	fill in the blank 75
	Accounts PayableAccounts ReceivableCashCost of Goods SoldFinished GoodsMaterials	fill in the blank 77	fill in the blank 78