5. Paramax Corp. had these transactions for their past month: Please compute the journal entries for this transactions. 1. $90,000 in raw materials were purchased on cash. 2. Raw materials were requisitioned for use in production. $76,000 was for direct materials, and $9,500 for indirect materials. 3. Labour costs of were incurred. $100,500 was for direct labour, and $10,000 was for indirect labour. 4. Manufacturing overhead costs of $187,500.