es Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $82,000. b. Direct materials used, $37,500. Indirect materials used, $17,200. c. Direct labor used, $30,000. Indirect labor used, $10,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $7,125. e. Applied overhead at the rate of 125 % of direct labor cost. f. Transferred cost of jobs completed to finished goods, $54,400. g. Sales of jobs on credit was $77,000. h. Cost of jobs sold was $54,400. View transaction list View journal entry worksheet No Transaction 1 2 b(1) 3 b(2). Raw materials inventory Accounts payable Work in process inventory Raw materials inventory Factory overhead Raw materials inventory 4 c(1). Work in process inventory Factory overhead Factory wages payable General Journal Debit Credit 82,000 7 82,000 37,500 37,500 17,200 17,200 30,000 10,000 40,000