Golden Apparel Company uses a job order cost system. Th

    Golden Apparel Company uses a job order cost system. The following data summarizes the operations related to production for March:
    Materials purchased on account $233000.
    Materials requisitioned $208300 of which $5600 was for general factory use.
    Factory labor used $190500 of which $62500 was indirect.
    Other costs incurred on account were for factory overhead $89300; selling expenses $64000; administration expenses $37800.
    Prepaid expenses for factory overhead were $7500; for selling expense $1300; and for administrative expenses $1250.
    Depreciation of factory equipment was $18900; of office equipment $14700; and of store equipment $2600.
    Factory overhead costs applied to jobs $190000.
    Jobs completed $583300.
    Cost of goods sold $577700.
    Instructions: Journalize the entries to record the summarized operations.
    Golden Apparel Company uses a job order cost system. The following data summarizes the operations related to production for March:
    Materials purchased on account $233000.
    Materials requisitioned $208300 of which $5600 was for general factory use.
    Factory labor used $190500 of which $62500 was indirect.
    Other costs incurred on account were for factory overhead $89300; selling expenses $64000; administration expenses $37800.
    Prepaid expenses for factory overhead were $7500; for selling expense $1300; and for administrative expenses $1250.
    Depreciation of factory equipment was $18900; of office equipment $14700; and of store equipment $2600.
    Factory overhead costs applied to jobs $190000.
    Jobs completed $583300.
    Cost of goods sold $577700.
    Instructions: Journalize the entries to record the summarized operations.
    Attachments:

                                                                                                                                      Order Now