Question: *Please help with the following problem, show work if necessary* Thank you! Entries for Costs in a Job Order Cost System Royal Technology Company uses
*Please help with the following problem, show work if necessary* Thank you!
Entries for Costs in a Job Order Cost System
Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for March:

f. Depreciation of factory equipment was $49,500; of office equipment, $61,800; and of office building, $14,900. Entry Description Debit Credit f. Factory Overhead 49,500 Depreciation Expense-Office Equipment 61,800 Depreciation Expense-Office Building 14,900 Accumulated Depreciation-Factory Equipment 0 Accumulated Depreciation-Office Equipment 0 Accumulated Depreciation Office Building 126,200 X
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