1. Purchased raw materials on account, $85,000. Raw Materials of $30,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classifed as indirect 3. Factory labor costs incurred were $175,000 of which $145,000 pertained to factory wages payable and $30,000 pertained to employer payroil taxes payable 4. Time tickets indicated that $145,000 was direct labor and $30,000 was indirect labor 5. Overhead costs incurred on account were $198,000. 6. overhead was applied at the rate of 1s@% of direct labor cost. o cosn s5,.are sirncahecompleted and tandere o nsed ps incomplete at t 8. Finished goods costing $100,000 to manufacture were sold on account for $130,000. ournalize the above transactions for Fort Corporation. (Record journal entries in the order presented in the problem. Credit account titles are automatically 2. 3. Study