12 Prepare journal entries to record the following production activities for Hotwax. 0.64 points eBook 1. Requisitioned $9,900 of indirect materials for use in production of surfboard wax. 2. Incurred $186,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 160% of direct labor costs. Direct labor costs were $100,000 in the Mixing department and $90,000 in the Shaping department.. Print View transaction list References Journal entry worksheet > 1 2 3 Requisitioned $9,900 of indirect materials for use in production of surfboard wax. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal