Munson Co uses a job order cost system. The following data
summarize the operations related to production for July:
July
1
Materials purchased on account,
$645,190.
2
Materials requisitioned, $642,250,
of which $72,680 was for general factory use.
31
Factory labor used, $631,920, of
which $91,350 was indirect.
31
Other costs incurred on account for
factory overhead, $153,030; selling expenses, $228,490; and
administrative expenses, $150,890.
31
Prepaid expenses expired for
factory overhead, $29,630; for selling expenses, $26,950; and for
administrative...