es Prepare journal entries to record transactions a through h a. Raw materials purchased on credit, $118,000. b. Direct materials used, $46,500. Indirect materials used. $20,800. c. Direct labor used, $43,000. Indirect labor used, $17,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $9,375. e. Applied overhead at the rate of 125% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $91,000. g. Sales of jobs on credit was $130,000. h. Cost of jobs sold was $91,000. View transaction list Journal entry worksheet < Record raw materials purchased on account. Note: Enter debits before credits. Transaction 6 7 8 9 10 > General Journal Debit Credit