Blossom Corporation incurred the following transactions. 1. 2 3. 4. Purchased raw materials on account $57,500 Raw Materials of $44,640 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,520 was classified as indirect materials. Factory labor costs incurred were $74,320. Time tickets indicated that $66,960 was direct labor and $7.360 was indirect labor. Manufacturing overhead costs incurred on account were $99,820 Depreciation on the company's office building was $10,000 Manufacturing overhead was applied at the rate of 150% of direct labor cost. Goods costing $109,120 were completed and transferred to finished goods Finished goods costing $93,000 to manufacture were sold on account for $127.720, 5. 6. 7. 8. 9. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit ( (1) (2 ) (3) (4) ( (5) (5) (6) (7) (8) (9) (To record the sale) (To record the cost of the sale)