Current Attempt in Progress Sandhill Corporation incurred the following transactions. 1. Purchased raw materials on account $55,640. 2. Raw Materials of $43,200 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,240 was classified as indirect materials. 3. Factory labor costs incurred were $71,920. 4. Time tickets indicated that $64,800 was direct labor and $7,120 was indirect labor. 5. Manufacturing overhead costs incurred on account were $96,600. 6. Depreciation on the company's office building was $9,680. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $105,600 were completed and transferred to finished goods. 9. Finished goods costing $90,000 to manufacture were sold on account for $123,600. 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) (2) (3) (4) (6) (7) (8) (To record the sale) (To record the cost of the sale)