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Chapter 16 Job Onder Costing 819 ms: Series A PR 16-1A Entries for costs in...

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Chapter 16 Job Onder Costing 819 ms: Series A PR 16-1A Entries for costs in a job order cost systemm Munson Co uses a job order cost system. The following data summariae the operations related LLDR to production for July: A. Materials purchased on account, $225,750. B. Materials requisitioned $217,600, of which $17,600 was for general factory use C. Fectory labor used. $680000, of which 572.300 was indirect D. Other costs incurred on account for factory overhead, $330,000: seling expenses, $180,000 and expenses, $126,000. E Prepaid expenses expired for factory overhead wene $27,500 for selling expenses, 58.300, and for administrative expenses, $5,250 F. Depreciation of office building was $44,500 of office equipment, $16,800, and of factory equipment 555,100 G Factory overhead costs applied to jobs, $548000 H. Jobs completed, $1,140,000 L Cost of goods sold, $1,128000. Instructions the entries to record the

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