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this is 1 question Entries for Costs in Job Order Costing Royal Technology Company uses job order costing. The following data summarize the operations related
this is 1 question Entries for Costs in Job Order Costing Royal Technology Company uses job order costing. The following data summarize the operations related to production for March: a. Matenals purchased on account, $829,140. b. Materials requisitioned, $696,480, of which $90,540 was for general factory use. c. Factory labor used, $854,010, of which $162,260 was indirect. d. Other costs incurred on account for factory overhead, $198,990; selling expenses, $306,780; and administrative expenses, $182,410. e. Prepoid expenses expired for factory overhead were $38,140; for selling expenses, $32,340; and for administrative expenses, $23,220. f. Depreciation of factory equipment was $38,140; of office equipment, $56,380; and of office building, $111,100. 9. Factory overhead costs applied to jobs, $472,610. h. Jobs completed, $1,094,460. i. Cost of goods sold, $1,061,300. Required: Joumalize the entries to record the summanzed operotions. If an amount box does not require an entry, leave it blank. a. Materials purchased on account, $829,140. b. Materials requisitioned, $696,480, of which $90,540 was for general factory use. b. Materials requisitioned, $696,480, of which $90,540 was for general factory use. C. Factory labor used, $854,010, of which $162,260 was indirect. Prepaid expenses expired for factory overhead were $38,140; for selling expenses, $32,340; and for administrative expenses, $23,220. f. Depreciation of factory equipment was $38,140; of office equipment, $56,380; and of office building, $111,100. 9. Factory overhiead costs applied to jobs, $472,610. Entry Description Debit Credit 9. h. Jobs completed, $1,094,460. Entry Description Debit Credit h. i. Cost of goods sold, $1,061,300. Entry Description Debit Credit
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