Exercise 15-8 Your answer is partially correct. Try again 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 $197,100, and factory wages incurred $93,300 2. Materials requisitioned and factory labor used by job Job Factory Materials NumberLabor A20 A21 A22 A23 General factory use $37,840 $19,000 44,620 23,700 36,700 15,700 40,370 26,500 5,270 8,400 $164,800 $93,300 3. Manufacturing overhead costs incurred on account $52,200 4. Depreciation on factory equipment $16,750 5. Depreciation on the company's office building was $15,000 6. Manufacturing overhead rate is 86% of direct labor cost. 7. Jobs completed during the quarter: A20, A21, and A23 Prepare entries to record the operations summarized above. (Credit account titles are automatically indented when amount is entered. Do not indent manually. No. Account Titles and Explanation Debit Credit (1) Raw Materials Invento 197100 unts Payable 197100 To record materials purchases) Factory Labo Factory Wages Payable (To record factory wages) 3,300 3,300 (2) Work in Process Invento 159530 270 anufacturing Overhea aw Materials Invento 164,800 (To record materials put into production) ork in Process Invento 84900 400 anufacturing Overhea Factory Labo (To record labor put into production) 3,300 (3) Manufacturing Overhea 52,200 unts Payable 52,200 (4) Manufacturing Overhea 16,750 umulated Depreciation-Equipment 16,750 (5) Depreciation Expense 15,000 umulated Depreciation-Buildin 15,000 (6) Work in Process Invento 80238 anufacturing Overhea 80238 (7) Finished Goods Inventory ork in Process Invento