During the current month, Concord Company incurs the following manufacturing costs. (a) Purchased raw materials of $18,300 on account. (b) Incurred factory labor of $39.000. Of that amount. $30,400 relates to wages payable and $8,600 relates to payroll taxes payable (c) Factory utilities of $3,100 are payable, prepaid factory property taxes of $2,520 have expired, and depreciation on the factory building is $9,600 Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) (Purchases of raw materials on account) (b) (To record factory labor costs) (c) (To record overhead costs)