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

a$.$ Materials purchased on account, $$733,690.$

b$.$ Materials requisitioned, $$616,300,$ of which $$80,120$ was for general factory use.

c$.$ Factory labor used, $$755,700,$ of which $$143,580$ was indirect.

d$.$ Other costs incurred on account for factory overhead, $$176,090$; selling expenses, $$271,470$; and administrative expenses, $$161,410.$

e$.$ Prepaid expenses expired for factory overhead were $$33,750$; for selling expenses, $$28,610$; and for administrative expenses, $$20,540.$

f$.$ Depreciation of factory equipment was $$33,750$; of office equipment, $$49,890$; and of office building, $$98,310.$

g$.$ Factory overhead costs applied to jobs, $$418,200.$

h$.$ Jobs completed, $$968,470.$

i$.$ Cost of goods sold, $$939,120.$

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, $$733,690.$

Entry

Description

Debit

Credit

a$.$

b$.$ Materials requisitioned, $$616,300,$ of which $$80,120$ was for general factory use.

Entry

Description

Debit

Credit

b$.$