Journal Entries for the Cost Accounting Cycle. The geheral ledger of the Pacific Bearings Company contained the following accounts, among others, on January 1: Finished Goods, $15,000; Work in Process, $30,000; Materials, $25,000. During January the following transactions were completed: LO8

(a) Materials were purchased on account at a cost of $13,500.

(b) Steel in the amount of $17,500 was issued from stores.

(c) Requisitions for indirect materials and supplies amounted to $1,800.

(d) The total payroll for January amounted to $27,000, including marketing salaries of $5,000 and administra¬ tive salaries of $3,000. Labor time tickets show that $17,000 of the labor cost was direct labor. A payroll clearing account is used.

(e) Various indirect manufacturing costs totaling $2,508 were paid in cash.

(f) Various indirect manufacturing costs totaling $8,500 were incurred on account.

(g) Total factory overhead is charged to Work in Process.

(h) Cost of production completed in January totaled $60,100, and finished goods on January 31 totaled $15,100.

(i) Customers to whom shipments were made during the month were billed for $75,000.

Required: Prepare journal entries for these transactions.