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Crane Corporation incurred the following transactions. 1. Purchased raw materials on account $37,970. 2. Raw Materials of $29.520 were requisitioned to the factory. An analysis

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Crane Corporation incurred the following transactions. 1. Purchased raw materials on account $37,970. 2. Raw Materials of $29.520 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $5,580 was classified as indirect materials. 3. Factory labor costs incurred were $49,120. 4. Time tickets indicated that $44,280 was direct labor and $4,840 was indirect labor. 5. Manufacturing overhead costs incurred on account were $66,010. 6. Depreciation on the company's office bullding was $6,640. 7. Manufacturing overhead was applled at the rate of 150% of tirect labor cost. 8. Goods costing $72,160 were completed and transferred to finished goods: 9. Finished goods costing $61,500 to manufacture were sold on account for $84,460. Journalize the transactions. (Uist oll debit entries before credit entries. Credit account titles are outomotically indented when amount is entered. Do not indent manuolly

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