Cullumber Corporation incurred the following transactions. 1. Purchased raw materials on account $38,900. 2. Raw Materials of $30,240 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $5,720 was classified as indirect materials. 3. Factory labor costs incurred were $50,320. 4. Time tickets indicated that $45,360 was direct labor and $4,960 was indirect labor. 5. Manufacturing overhead costs incurred on account were $67,620. 6. Depreciation on the company's office building was $6,800. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $73,920 were completed and transferred to finished goods. 9. Finished goods costing $63,000 to manufacture were sold on account for $86,520. 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) (8) (9) (To record the sale) (To record the cost of the sale)