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E2.7 (LO 1, 2,3,4), AP Crawford Corporation incurred the following transactions 1. Purchased raw materials on account $46,300. 2. Raw materials of $36,000 were requisitioned

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E2.7 (LO 1, 2,3,4), AP Crawford Corporation incurred the following transactions 1. Purchased raw materials on account $46,300. 2. Raw materials of $36,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $6,800 was classified as indirect materials. 3. Factory labor costs incurred were $59,900, of which $51,000 pertained to factory wages payable and $8,900 pertained to employer payroll taxes payable 4. Time tickets indicated that $54,000 was direct labor and $5,900 was indirect labor 5. Manufacturing overhead costs incurred on account were S80,500. Depreciation on the company's office building was 8,1o0. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $88,000 were completed and transferred to finished goods. 9. Finished goods costing $75,000 to manufacture were sold on account for $103,000. Instructions Journalize the transactions. (Omit explanations.)

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