Question

DiSalvio Co. usesa job order cost system. The following data summarize theoperations related to production for May:

May1Materials purchased on account,$634,000.

2Materials requisitioned, $646,200,of which $74,500 was for general factory use.

31Factory labor used, $660,200, ofwhich $91,200 was indirect.

31Other costs incurred on account forfactory overhead, $147,500; selling expenses, $234,000; andadministrative expenses, $146,400.

31Prepaid expenses expired forfactory overhead were $29,200; for selling expenses, $26,800; andfor administrative expenses, $18,000.

31Depreciation of office building was$84,600; of office equipment, $43,340; and of factory equipment,$32,000.

31Factory overhead costs applied tojobs, $362,000.

31Jobs completed, $1,002,000.

31Cost of goods sold, $890,000.

Journalize the entries to record the summarized operations.Refer to the Chart of Accounts for exact wording of accounttitles.

Journalize the entries to record the summarized operations.Refer to the Chart of Accounts for exact wording of accounttitles.

All transactions on this page must be entered (except for postref(s)) before you will receive Check My Work feedback.

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JOURNAL

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