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Business, 18.02.2020 05:33 zuleromanos

Barnes Company uses a job order cost system. The following data summarize the operations related to production for October: October 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.
Journalize the entries to record the summarized operations. Refer to the Chart of Accounts for exact wording of account titles.

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