Velasco Co. uses a job order cost system. The following data summarize the operations related to production for July: a. Materials purchased on account, $585,180 b. Materials requisitioned, $491,550, of which $63,900 was for general factory use c. Factory labor used, $602,740, of which $114,520 was indirect d. Other costs incurred on account for factory overhead, $140,440; selling expenses, $216,520; and administrative expens $128,740 e. Prepaid expenses expired for factory overhead, $26,920; for selling expenses, $22,820; and for administrative expenses $16,390 f. Depreciation of office building was $78,410; of office equipment, $39,790; and of factory equipment, $26,920 9. Factory overhead costs applied to jobs, $333,550 h. Jobs completed, $772,440 i. Cost of goods sold, $749,030 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, $585,180. b. Materals requisitioned, $491,550, of which $63,900 was for general factory use. c. Factory labor used, $602,740, of which $114,520 was indirect. d. Other costs incurred on account for factory overhead, $140,440; selling expenses, $216,520; and administrative expenses, $128,740 e. Prepaid expenses expired for factory overhead, $26,920; for selling expenses, $22,820; and for administrative expenses, $16,390. f. Depreciation of office building was $78,410; of office equipment, $39,790; and of factory equipment, $26,920. 9. Factory overhead costs applied to jobs, $333,550. h. Jobs completed, $772,440. i. Cost of goods sold, $749,030