a. Raw materials purchased on credit, $90,000.

b. Direct materials used, $36,500. Indirect materials used, $19,200.

c. Direct labor used, $38,000. Indirect labor used, $12,000. (Record using Factory Wages Payable.)

d. Paid cash for other actual overhead costs, $11,475.

e. Applied overhead at the rate of 125% of direct labor cost.

1. Transferred cost of jobs completed to finished goods, $56,800.

g. Sales of jobs on credit was $82,000.

Cost of jobs sold was $56,800

25 Prepare Journal entries to record transactions a through h a. Raw materials purchased on credit, $90,000. b. Direct materials used, $36,500. Indirect materials used, $19,200. c. Direct labor used, $38,000. Indirect labor used, $12,000. (Record using Factory Wages Payable) d. Pald cash for other actual overhead costs, $11,475. e. Applied overhead at the rate of 125% of direct labor cost. 1. Transferred cost of jobs completed to finished goods, $56.800, g. Sales of jobs on credit was $82,000 h. Cost of jobs sold was $56,800 View transaction list Journal entry worksheet 4