Journalize the entries to record the summarized operations

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Problem

Marinja Company uses job order costing. The following data summarize the operations related to production for May: May 1 Materials purchased on account, $645,190. 2 Materials requisitioned, $642,250, of which $72,680 was for general factory use. 31 Factory labor used, $631,920, of which $91,350 was indirect. 31 Other costs incurred on account for factory overhead, $153,030; selling expenses, $228,490; and administrative expenses, $150,890. 31 Prepaid expenses expired for factory overhead were $29,630; for selling expenses, $26,950; and for administrative expenses, $17,150. 31 Depreciation of office building was $88,610; of office equipment, $42,970; and of factory equipment, $31,120. 31 Factory overhead costs applied to jobs, $373,200. 31 Jobs completed, $966,650. 31 Cost of goods sold, $848,470. Get the instant assignment help. Journalize the entries to record the summarized operations.

Reference no: EM133905144

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