Prepare Journal Entries [LO4]

Kirkaid Company recorded the following transactions for the just completed month.

a. $86,000 in raw materials were purchased on account.

b. $84,000 in raw materials were requisitioned for use in production. Of this amount, $72,000 was for direct materials and the remainder was for indirect materials.

c. Total labor wages of $108,000 were incurred. Of this amount, $105,000 was for direct labor and the remainder was for indirect labor.

d. Additional manufacturing overhead costs of $197,000 were incurred.
Required:
Record the above transactions in journal entries.