5. Prepare the following joumal entries. 1) Purchases of materials (direct and indirect) on credit, $89,000 2) Usage of direct materials, $81,000, and indirect materials, $4,000 3) Manufacturing payroll for February: direct labor, $39,000, and indirect labor, $15,000, paid in cash 4) Other manufacturing overhead costs incurred during February, $75,000, consisting of supervision and engineering salaries, $44,000 (paid in cash), plant utilities, repairs, and insurance, $13,000 (paid in cash); and plant depreciation, $18,000 Note: you can credit to cash account if they are paid in cash 5) Allocation of manufacturing overhead to jobs, $80,000 6) Completion and transfer of individual jobs to finished goods, $188,800 7) Cost of goods sold, $180.000 8) Sales revenues, all on credit, $270,000