Present entries to record the following summarized operationsrelated to production for a company using a job order costsystem:
A. Materials purchased on account - $219000
B. Prepaid expenses paid by cash - $12,200
C. Materials requisitioned:
For production orders - $153,700
For general factory use - $2,700
D. Company labor for month:?
Direct Labor - 141300
Indirect Factory Labor-12000
Sales Salaries-8000
Office Salaries-5000
E. Depreciation on factory equipment - $37,000
F. Expiration of prepaid expenses, Chargeable to factory -$6,100
G. Factory overhead costs incurred on account - $67,000
H. Factory overhead applied at 135% of direct labor - ?
I. Jobs finished - $415,300
J. Jobs shipped to customers: cost, $412,000;
Selling price - $638,000
