1. 2. 3. 4 Purchased raw materials on account $50.600. Raw Materials of $42.300 were requisitioned to the factory, An analysis of the materials requisition slips indicated that $9.500 was classified as indirect materials. Factory labor costs incurred were $65.500 Time tickets indicated that $54.400 was direct labor and $11,100 was indirect labor. Manufacturing overhead costs incurred on account were $83.100 Manufacturing overhead was applied at the rate of 160% of direct labor cost. Goods costing $92.700 were completed and transferred to finished goods. Finished goods costing 581,800 to manufacture were sold 5. 6. 7. 8. Record the transactions. (Enter negative amounts using either a negative sign preceding the number ca. 45 or parentheses es (45) Raw Materials Inventory $ SD600 Manufacturing Costs Factory Labor Manufacturing Overhead $ 1. Purchased raw materials S 2 Direct materials 2 indirect materials s - Search Raw Materials Inventory Factory Labor Manufacturing Overhead $ 1. Purchased raw materials 50600 $ $ 2. Direct materials 2. Indirect materials 3. incurred factory labor 4. Direct labor 4. Indirect labor 5. Overhead costs incurred 6. Assigned overhead 7. Completed goods 8. Goods sold