Question
wcom/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false table[[SLO 1:],[0],[0],[0],[0],[0],[0]] CengageNOW 2 Workday Stocking & Unic Walmart - Hiring New Tab Print Ilem Entries for Costs in Job Order Costing Royal Technology
wcom/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false\ \\\\table[[SLO 1:],[0],[0],[0],[0],[0],[0]]\ CengageNOW 2\ Workday\ Stocking & Unic\ Walmart - Hiring\ New Tab\ Print Ilem\ 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. Materials purchased on account,
$629,640
.\ b. Materials requisitioned,
$528,900
, of which
$68,760
was for general factory use.\ c. Factory labor used,
$648,530
, of which
$123,220
was indirect.\ d. Other costs incurred on account for factory overhead,
$151,110
; selling expenses,
$232,970
; and administrative expenses,
$138,520
.\ e. Prepaid expenses expired for factory overhead were
$28,960
; for selling expenses,
$24,560
; and for administrative expenses,
$17,630
.\ f. Depreciation of factory equipment was
$28,960
; of office equipment,
$42,820
; and of office building,
$84,370
.\ g. Factory overhead costs applied to jobs,
$358,890
.\ h. Jobs completed,
$831,120
.\ i. Cost of goods sold,
$805,940
.\ 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,
$629,640
.\ b. Materials requisitioned,
$528,900
, of which
$68,760
was for general factory use.\
( Description )/( b. ,)
Debit
,
Credit\ Previous\ Next\ All work saved.\ Submit Assignment for Grading
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