Velasco Co. uses a job order cost system. The following data tummarize the operations related to production for July: a. Materials purchased on account, $710,070 b. Materials recuieiticned, 5596,400 , of which $77,540 was for penaral factory use c. Factory labor used, $731,370, of which $135,960 was incirect d. Other costs incurred on sccount for factory overhesd, 1170,420j selling evpenses, 3202.730j and adrinistrative expenses, 3150, 220 e. Prepaid expenses expired for tactory overhaad, $32,050; for seting expenses, 527,690; and for adminiatrative expenses, $19,830 1. Depredation of office building was $95,150; of office equipment, 149,260 ; and of factory equicment, 132,660 9. Factory overhead costs abciled to jobs, 5404,740 h. Jobs completed, 1937,200 1. Cost of goods sold, 5906,090 Required: Joumalize the ectises to record the summarized operatione, If an amount box does not require an antry, leswe it blank. a. Materials purchased on account, 1710,070. h. Malfinished Goods 396,460, of which 577,540 was for peneral factory use? c. Factory labor used, $731,370, of which $138,960 was indirect. d. Other costs incurred on accovint for factory oveithead, 5170,420; selling expenses, 1262,730; and administrative expenses, 5156,220 . 1. Depreciation of affice buliding was 5.95,150; of office equipment 548.280: and of factarv mnuinmant ias 460 . 4. Factory crerhead costs applied to fobs, 5404,740 . b. Jobs completed, 5937,290 . 9. Factory overhead costs applied to jobs, $404,740. h. Jobs completed, $937,290. i. Cost of goods sold, $908,890