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< Show Me How eBook Entries for costs in job order costing Instructions Chart of Accounts General Journal Print Item Instructions Marinja Company uses
< Show Me How eBook Entries for costs in job order costing Instructions Chart of Accounts General Journal Print Item Instructions Marinja Company uses job order costing. The following data summarize the operations related to production for May: May 1 Materials purchased on account, $320,000. 2 Materials requisitioned, $292,100, of which $8,600 was for general factory use. 31 Factory labor used, $487,500, of which $33,000 was indirect 31 31 31 3 Other costs incurred on account for factory overhead, $610,000; selling expenses, $142,000; and administrative expenses, $105,000. Prepaid expenses expired for factory overhead were $22,000; for selling expenses, $5,000; and for administrative expenses, $4,000. Depreciation of office building was $29,000; of office equipment, $6,500; and of factory equipment, $68,000. 31 Factory overhead costs applied to jobs, $712,000. 555 31 Jobs completed, $1,426,000. 31 Cost of goods sold, $1,378,000. Required: Journalize the entries to record the summarized operations. Check My Work 5 more Check My Work uses remaining. ACCOUNT ETS LIA
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