1. Present entries to record the following summarized operations related to production for a company using a job order cost system: (a) Materials purchased on account, $167,000 (b) Materials requisitioned: For production orders, $153,700 For general factory use $2,700 Factory labor used: On production orders, $141,300 For general factory purposes $12,000 (c) (d) Factory overhead applied, based on machine hours, $105,300 (e) Jobs finished, S415,300

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