Exercise 15-7 Crawford Corporation incurred the following transactions. 1. 2. Purchased raw materials on account 55,000. Raw Materials of $36,400 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,100 was classified as indirect materials 3. Factory labor costs incurred were $61,000, of which $51,600 pertained to factory wages payable and $9,400 pertained to employer payroll taxes payable. 4. Time tickets indicated that $54,300 was direct labor and $6,700 was indirect labor. 5 Manufacturing overhead costs incurred on account were $82,100 6. Depreciation on the company's office building was $8,400. 7. Manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. Goods costing $90,200 were completed and transferred to finished goods. 9. Finished goods costing $85,000 to manufacture were sold on account for $108,200 Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually)