Reference no: EM132509770

Sterling Products Company uses a job- order costing system. The company incurred the following manufacturing costs during March:

a. Purchased materials on credit,$58,800.

b. Issued materials to production as follows: direct,$51,000; indirect,$111,300.

c. Incurred factory wages,$59,400.

d. Allocated factory wages to production as follows: direct,$45,000;indirect,$14,900.

e. incurred factory overhead costs on account,$2,500.

f. Recognized other factory overhead costs as follows: depreciation of equipment,$4,00; depreciation of building,$5,000;expired insurance,$600; accrued property taxes, $1,800.

g. Applied factory overhead to production,$32,500.

h. completed jobs costing $125,500.

i. Sold finished goods costing $118,900 to various customer; billed customers for $161,704

Required:

Question 1: Record these summary transactions in general journal form.