10. 400 points value: The following transactions occurred in January at Apex Manufacturing, a custom parts supplier. Apex uses job costing 1. Purchased $55,000 in materials on account. 2. Issued $2,800 in supplies from the materials inventory to the production department. 3. Paid for the materials purchased in transaction (1) 4. Issued $26,800 in direct materials to the production department. 5. Incurred wage costs of $55,000, which were debited to Payroll, a temporary account. Of this amount, $14,800 was withheld for payroll taxes and credited to Payroll Taxes Payable. The remaining $40,200 was paid in cash to the employees. See transactions (6) and (7) for additional information about Payroll 6. Recognized $23,000 in fringe benefit costs, incurred as a result of the wages paid in (5) 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 $33,700 9. Applied overhead on the basis of 170 percent of direct labor costs 10. Recognized depreciation of $18,550 on manufacturing property, plant, and equipment. Required a. Prepare journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)