1. Purchased raw materials on account $54,500. 2. 3. 4. 5. 6. 7. 8. 9. Raw Materials of $38.500 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,000 was classified as indirect materials. Factory labor costs incurred were $62,500, of which $50.500 pertained to factory wages payable and $12,000 pertained to employer payroll taxes payable. Time tickets indicated that $54,700 was direct labor and $7,800 was indirect labor. Manufacturing overhead costs incurred on account were $84,900. Depreciation on the company's office building was $8,800. Manufacturing overhead was applied at the rate of 150% of direct labor cost. Goods costing $91,400 were completed and transferred to finished goods. Finished goods costing $75.300 to manufacture were sold on account for $109,700. Journalize the transactions. (Credit account titles are automatically indented when No. Account Titles and Explanation (1) Debit Credit 22 (3) (4) (4) (5) (6) B (8) (8) (9) 161 (To record the sale) (To record the cost of the sale)