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Business, 29.11.2019 06:31 ciarra31

Royal technology company uses a job order cost system. the following data summarize the operations related to production for march: mar. 1 materials purchased on account, $770,000.2 materials requisitioned, $680,000, of which $75,800 was for general factory use.31 factory labor used, $756,000, of which $182,000 was indirect.31 other costs incurred on account for factory overhead, $245,000; selling expenses, $171,500; and administrative expenses, $110,600.31 prepaid expenses expired for factory overhead were $24,500; for selling expenses, $28,420; and for administrative expenses, $16,660.31 depreciation of factory equipment was $49,500; of office equipment, $61,800; and of office building, $14,900.31 factory overhead costs applied to jobs, $568,500.31 jobs completed, $1,500,000.31 cost of goods sold, $1,375,000.journalize the entries to record the summarized operations. refer to the chart of accounts for exact wording of account titles.

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