20 Marks Allenton Company is a manufacturing firm that uses job-order costing, At the beginning of the year, the company's inventory balances were as follows: Raw materials Work in process s 7,000 18,000 20,000 Finished goods Prepare the appropriate journal entries for the following transactions: a) Raw materials were purchased, $45,000. b) Raw materials were requisitioned for use in production, S40000 (80% direct and 20% indirect). c) Factory utility costs were incurred: $14,600 d) The following employee costs were incurred: direct labour, $40,000; indirect labo $18,000; administrative salaries $18,000; administrative salaries, $25,000; selling commissions, $10,400