Torre Corporation incurred the following transactions.

1 Purchased raw materials on account $46,300.

2 Raw materials of $36,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,800 was classifi ed as indirect materials.

3 Factory labor costs incurred were $55,900, of which $51,000 pertained to factory wages payable and $4,900 pertained to employer payroll taxes payable.

4 Time tickets indicated that $50,000 was direct labor and $5,900 was indirect labor.

5 Manufacturing overhead costs incurred on account were $80,500.

6 Depreciation on the company’s offi ce building was $8,100.

7 Manufacturing overhead was applied at the rate of 150% of direct labor cost.

8 Goods costing $88,000 were completed and transferred to fi nished goods.

9 Finished goods costing $75,000 to manufacture were sold on account for $103,000.

Instructions Journalize the transactions. (Omit explanations.)

AppendixLO1