XYZ company uses a job order system. The following data summarizes the operations

related to production during the month of July. Assume $$0$ starting balances

$1.$ Materials purchased for cash $ $800,000$

$2.$ Materials requisitioned and factory labor used:

Materials Factory Labor

$ $42,100$ $ $32,000$

$ $37,500$ $ $42,000$

$ $36,050$ $ $18,700$

$ $72,000$ $ $42,500$

$ $1,500$ $ $2,500$

$3.$ Other Factory overhead costs incurred on account $$10,000$

$4.$ Depreciation of factory machine and equipment $ $12,000$

$5.$ The predetermied overhead rate is $$27$ per machine hour.

Machine hours used for the period:

MH Used

$210$

$230$

$205$

$275$

$6.$ Jobs completed for the period are Job $601,602,$ and $603$

$7.$ Jobs shipped and billed were as follows:

Sales Amount

$$625,000$

$$510,000$

$8.$ At the end of the month, over or under applied overhead is closed

to Cost of Goods Sold

Required: Journalize the required journal entries to record the above operations.

$602$

For general factory use

$601$

$602$

$603$

$604$

Job

$601$

Job

Job

$601$

$602$

$603$

$604$