1. Requisitioned $14,500 of indirect materials for use in production of surfboard wax. 2. Incurred $214,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 150% of direct labor costs. Direct labor costs were $170,000. View transaction list Journal entry worksheet 2 3 Requisitioned $14,500 of indirect materials for use in production of surfboard wax. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry 3 Incurred $214,000 overhead costs (credit "Other accounts"). Note: Enter debits before credits. Dobit Credit General Journal Transaction View general journal Clear entry Record entry 2. Applied overhead at the rate of 150% of direct labor costs. Direct labor costs were $170,000. Note: Enter debits before credits. Transaction General Journal Debit Credit 2