prepare entries to record the operations summarized above prepare a schedule showing 608789

Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter”s production.

1. Materials purchased on account $192,000, and factory wages incurred $87,300.
2. Materials requisitioned and factory labor used by job:

1. Manufacturing overhead costs incurred on account $49,500.
2. Depreciation on factory equipment $14,550.
3. Depreciation on the company”s office building was $14,300.
4. Manufacturing overhead rate is 90% of direct labor cost.
5. Jobs completed during the quarter: A20, A21, and A23.

Instructions

Prepare entries to record the operations summarized above. (Prepare a schedule showing the individual cost elements and total cost for each job in item 7.)