9 Prepare journal entries to record transactions a through h. 3 a. Raw materials purchased on credit, $90,000. points b. Direct materials used, $39,500. Indirect materials used, $18,000. c. Direct labor used, $40,000. Indirect labor used, $20,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $7,625. e. Applied overhead at the rate of 125% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $65,000. g. Sales of jobs on credit was $92,800. h. Cost of jobs sold was $65,000.9 x Answer is not complete. No Transaction General Journal Debit Credit 3 1 a. Raw materials inventory 90,000 points Accounts payable V 90,000 2 b( 1 ) Work in process inventory V 39,500 Raw materials inventory 39,500 3 b ( 2 ). Factory overhead V 18,000 Raw materials inventory V 18,000 4 C(1). Work in process inventory v 40,000 5 c(2) Factory overhead V 20,000 Factory wages payable 20,000 6 d. Factory overhead V 7,625 Cash V 7,625 e. Work in process inventory V 50,000 Factory overhead 50,0007 e. Work in process inventory 50,000 v Factory overhead 50,000 v 8 f. Finished goods inventory 65,000 v Work in process inventory 65,000 V 9 g. Accounts receivable 92,800 Sales V 92,800 10 h . Cost of goods sold 65,000 Finished goods inventory 65,000