1. Purchased $54,500 in materials on account. 2. Issued $2,300 in supplies from the materials inventory to the production department. 3. Paid for the materials purchased in transaction (1). 4. Issued $26,300 in direct materials to the production department. 5. Incurred wage costs of $50,000, which were debited to Payroll, a temporary account. Of this amount, $14,300 was withheld for payroll taxes and credited to Payroll Taxes Payable. The remaining $35,700 was paid in cash to the employees. See transactions (6) and (7) for additional information about Payroll. 6. Recognized $29,000 in fringe benefit costs, incurred as a result of the wages paid in (5). This $29,000 was debited to Payroll and credited to Fringe Benefits Payable. 7. Analyzed the Payroll account and determined that 60 percent represented direct labor; 30 percent, indirect manufacturing labor; and 10 percent, administrative and marketing costs. 8. Paid for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant totaling $33,200. 9. Applied overhead on the basis of 170 percent of direct labor costs. 10. Recognized depreciation of $18,050 on manufacturing property, plant, and equipment. Required: a. Prepare journal entries to record these transactions. b. The balances that appeared in the accounts of Apex Manufacturing are shown as follows