Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records: June 1 Purchased raw materials for $20,000 on account. 8 R.w materials requisitioned by production: 15 Paid factory utilities, $2,100 and repairs for factory equipment, $8,000. 25 Incurred $108,000 of factory labor. 25 Time tickets indicated the following: 25 Applied manufacturing overhead to production based on a predetermined overhead rate of $7 per direct habor bour worked. 28 Goods costing $18.000 were completed in the factory and were transferred to finished goods. 30 Goods costing $15,000 were sold for $20,000 on account. Prepare journal entries to record the above transactions during the month of June. (Credit account tities are outomotically indented when the amount is entered. Do not indent manually! Date Account Titles and Explanation Debit Credit June 1 (Purchase of raw materials on account) 8 (To assign materials to jobs and overhead) 15 (To record payment of factory utilities and repais) 25 (To record factory bbor costs) 25 (To record factory labor costs) 25 (To assign factory labor to jobs and overhead) 25 (To apply overhead to jobs) 28 (To record completion of production) 30 (To record soles) 30 (To assign factory labor to jobs and overhead) 25 (To apply overhead to Jobs) 28 (To record completion of production) 30 (To record sales) 30 (To record cost of goods sold)