Eastman Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. Prepare journal entries to record the following transa during the month of June.

June $8$ Raw materials requisitioned by production:

Direct materials $9,600$

Indirect materials $1,200$

$25$ Time tickets indicated the following:

Direct Labor $(7,000hrs$$$11$ per $hr)=77,000$

Indirect Labor $(3,000hrs$$$7$perhr$)=21,000$

$98,000$

$25$ Applied manufacturing overhead to production based on a predetermined overhead rate of $$5$ per direct labor hour worked.

$3.$ Goods costing $$15,000$ were completed in the factory and were transferred to finished goods.