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Velasco Couses a job order cost system. The following data summarize the ratione related to production for a. Materials purchased on account. 5633,770 b. Materials

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Velasco Couses a job order cost system. The following data summarize the ratione related to production for a. Materials purchased on account. 5633,770 b. Materials requisitioned: $532,370, of which 59.210 was for general factory Factory labor used. 1652,700, of which $124,030 was indirect d. Other costs incurred on account for factory overhead, 1152,100 selling expenses, $234,490; and administrative expenses $199,430 Prepaid expenses expired for factory overhead, $29,150 for selling expenses $24,720, and for administrative wees, $17,750 Depreciation of office building was 104,930 of office equipment, 143,100; and of factory equipment, 120, 150 Factory overhead costs applied to jobs, 3361,250 Jobs completed, 1836,580 Cost of goods sold, 5611,230 Required: Journalize the entries to record the summarized operations. It an amount box does not require an entry, leave it blank a. Materials purchased on account, 5633.770 Entry Description Debit Credit Accounts Payable b. Mat 532,370, of which $69.210 was for peneral factory use Debit Entry actory Overhead Credit b Finished Goods Materials Work in Process Previous Next b. Materials requisitioned, $532, 370, of which $69,210 was for general factory use. Entry Description Debit Credit b accounts Payable Cost of Goods Sold Fac 780, of which $124,030 was indirect. Entry inished Goods Debit Credit Materials Work in Process d. Other costs incurred on account for factory overhead. $152,100; seling expenses, $234,490; and administrative expenses, $139,430. Description Debit Credit Entry d. b. Materials requisitioned, $532,370, of which 569,210 was for general factory use Entry Description Debit Credit 2009 b 18126618 G Factory labor used, 5652,780, of which 5124,030 was indirect Entry Description Debit Credit C 44129913. 44143114... d. Other costs incurred on account for factory overhead, $152.100, selling expenses, $234,490, and administrative expenses, 5139,430 Description Entry Debit Credit d 44200623. Accounts Payable Accounts Receivable Factory Overhead 244209085 Materials Time Remainitorepaid Expenses e. Prepaid expenses expired for factory overhead, $29,150 for selling expenses, $24,720; and for administrative expenses, $17,750, Description Credit Entry Debit Accounts Receivable Cash f. DeprFactory Overhead ng was $84,930, of office equipment, $43,100; and of factory equipment, $29,150 scription Debit Credit Entr Finished Goods F Work in Process 9. Factory overhead costs applied to jobs, $361,250. Entry Description Debit Credit Previe g. Factory overhead costs applied to jobs, $361,250. Entry Description Debit Credit 9. Accounts Receivable h. Jobs Entry Factory Overhead Debit Credit h. Finished Goods Materials i. Cost Work in Process 30. Entry Description Debit Credit

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