Below is a list of transactions for Bison Co, a manufacturing entity. Prepare summary journal entries to record each of the transactions for Bison Co. in its first month of operations. a. Raw materials purchased on account, $96,000, b. Direct materials used in production, $41,000. Indirect materials used in production, $18,600. c. Pald cash for factory payroll, $40,000. Of this total, $32,000 is for direct labor and $8,000 is for indirect labor. d. Paid cash for other actual overhead costs, $8,000 e. Applied overhead at the rate of 120% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $60,000, 91. Jobs that had a cost of $60,000 were sold. 92. Sold jobs on account for $85,000