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Goldberg Apparel Company uses a job order cost system. Thefollowing data summari

ID: 2433730 • Letter: G

Question

Goldberg Apparel Company uses a job order cost system. Thefollowing data summarize the operations related to production forMarch.

a. Materials purchased to account, $233,000.

b. Materials requisitioned, $208,300, of which $5,600 was forgeneral factory use.

c. Factory labor used, $190,500, of which $62,500 was indirect.

d. Other costs incurred on account were for factory overhead,$89,300; selling expenses, $64,000; and administrative expenses,$37,800.

e. Prepaid expenses expired for factory overhead were $7,500; forselling expenses, $1,300; and for administrative expenses,$1,250.

f. Depreciation of factory equipment was $18,900; of officeequipment, $14,700; and of store equipment, $2,600.

g. Factory overhead costs applied to jobs, $190,000.

h. Jobs completed, $583,300.

i. Cost of goods sold, $577,700.


Journalize the entries to record the summarized operations.

Explanation / Answer

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