Crane Corporation had the following transactions during its first month of operations: 1. Purchased raw materials on account, $ 88,400. 2. Raw materials of $ 31,200 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $ 6,240 was classified as indirect materials. 3. Factory labor costs incurred were $ 182,000 of which $ 150,800 pertained to factory wages payable and $ 31,200 pertained to employer payroll taxes payable. 4. Time tickets indicated that $ 150,800 was direct labor and $ 31,200 was indirect labor. 5. Overhead costs incurred on account were $ 205,920. 6. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 7. Goods costing $ 119,600 are still incomplete at the end of the month; the other goods were completed and transferred to finished Goods Inventory. 8. Finished Goods Inventory with a cost of $ 104,000 was sold on account for $ 135,200. Journalize the above transactions for Crane Corporation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit 1