During January, its first month of operations, Keys Company accumulated the following manufacturing costs: raw materials $ 4,100 on account, factory labor $8,000 of which $5,500 relates to factory wages payable and $2,500 relates to payroll taxes payable, and factory utilities payable $2,200. Prepare separate journal entries for each type of manufacturing cost. Chart of Accounts Liabilities Stockholders' Assets Cash Equity. Accounts Payable Common Stock Accounts Receivable Raw Materials Inventory Work in Process Inventory Unearned Revenue Retained Earnings Factory Wages Payable Sales Revenue Notes Payable Cost of Goods Sold Factory Labor Taxes Payable Utilities Expense Manufacturing Overhead Interest Payable Supplies Expense Finished Goods Employer Payroll Selling Expense Inventory Taxes Payable Employer Fringe Supplies Insurance Expense Benefits Payable Prepaid Insurance Depreciation Expense Equipment Building Land Accumulated Depreciation List debit transactions first and then list credit transactions. Use accounts provided in the Chart of Accounts above. Do NOT create your own account. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. General Journals Account Titles and Date Debit ($) Credit ($) Explanation 1/31 1/31 1/31 To record raw materials purchased on account To record factory labor accrued To record utilities for manufacturine 5,500 When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. General Journals Account Titles and Date Debit ($) Credit ($) Explanation 1/31 1/31 1/31 To record raw materials purchased on account To record factory labor accrued To record utilities for manufacturing 5,500