4. (Chapter 16) Fort Corporation had the following transactions for the month of May. Prepare the following journal entries for Fort: a. Purchased raw materials on account, $85,000. b. Raw Materials of $30,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,000 was classified as indirect materials. c. Factory labor costs incurred were $150,000 of which $120,000 pertained to factory wages payable and $30,000 pertained to employer payroll taxes payable. d. Time tickets indicated that $126,000 was direct labor and $24,000 was indirect labor