Current Attempt in Progress Crane Corporation incurred the following transactions. 1. Purchased raw materials on account $54,500. 2. Raw materials of $38,500 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,000 was classified as indirect materials. 3. Factory labour costs incurred were $62,500. 4. Time tickets indicated that $54,700 was direct labour and $7,800 was indirect labour. 5. Manufacturing overhead costs incurred on account were $84,900. 6. Depreciation on the company's office building was $8,800. 7. Manufacturing overhead was applied at the rate of 150% of direct labour cost. 8. Goods costing $91,400 were completed and transferred to finished goods. 9. Finished goods costing $75,300 to manufacture were sold on account for $109,700. No. Account Titles and Explanation Debit Credit (1) (2) (3) (4) (5) (6) (7) (5) (6) (7) (8) (9) (To record the sale) (To record the cost of the sale)