3 8 01:54:37 Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $98,000. b. Direct materials used, $41,500. Indirect materials used, $18,800. c. Direct labor used, $33,000. Indirect labor used, $12,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $8,125. e. Applied overhead at the rate of 125% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $63,000. g. Sales of jobs on credit was $90,000. h. Cost of jobs sold was $63,000. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 > Record raw materials purchased on account. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record the entry to assign costs of direct materials used. Note: Enter debits before credits. Transaction b(1). General Journal Debit Credit Record the entry for indirect materials. Note: Enter debits before credits. Transaction b(2). General Journal Debit Credit Record the entry for direct labor used. Note: Enter debits before credits. Transaction c(1). General Journal Debit Credit Record the entry for indirect labor used. Note: Enter debits before credits. Transaction c(2) General Journal Debit Credit Record other actual factory overhead costs. Note: Enter debits before credits. Transaction d. General Journal Debit Credit Record the entry to apply overhead at a rate of 125% of direct labor cost. Note: Enter debits before credits. Transaction e. General Journal Debit Credit Record costs of jobs completed. Note: Enter debits before credits. Transaction f. General Journal Debit Credit Record the sale of jobs on account. Note: Enter debits before credits. Transaction g. General Journal Debit Credit Record the cost of goods sold for job. Note: Enter debits before credits. Transaction h. General Journal Debit Credit