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:

Job Number

Materials

Factory Labor

A20

$ 35,240

$18,000

A21

42,920

22,000

A22

36,100

15,000

A23

39,270

25,000

General factory use

4,470

7,300

$158,000

$87,300

  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.)