Exercise 15-7 Crawford Corporation incurred the following transactions 1. Purchased raw materials on account $55,000. 2. 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 dret labor cost. 8. Goods costing $90,200 were completed and transferred to finished goods d9. 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.) No. Account Titles and Explanation Debit Credit