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Can you journalize these. Help | System Announcements CALC Exercise 20-07 Ivanhoe Corporation incurred the following transactions. Purchased raw materials on account $53,300. N m

Can you journalize these.

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Help | System Announcements CALC Exercise 20-07 Ivanhoe Corporation incurred the following transactions. Purchased raw materials on account $53,300. N m Raw Materials of $36,300 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,500 was classified as indirect materials. . Factory labor costs incurred were $60,200, of which $50,800 pertained to factory wages payable and $9,400 pertained to employer payroll taxes payable. Time tickets indicated that $55,300 was direct labor and $4,900 was indirect labor. . Manufacturing overhead costs incurred on account were $82,500. Depreciation on the company's office building was $8,700. Manufacturing overhead was applied at the rate of 160% of direct labor cost. Goods costing $98,300 were completed and transferred to finished goods. . Finished goods costing $84,400 to manufacture were sold on account for $107,200. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit

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