Flow of Product Costs through Accounts Assuming a routine manufacturing activity, present journal entries (account titles only) for each of the following transactions: a. Purchased material on account. Description Debit Credit Materials inventory Accounts payable b. Recorded wages payable earned but not paid. Description Debit Credit Accounts payable Wages payable c. Requisitioned both direct material and indirect material. Description Debit Credit b. Recorded wages payable earned but not paid. Description Debit Credit Accounts payable Wages payable c. Requisitioned both direct material and indirect material. Description Debit Credit Work in process inventory Manufacturing overhead Materials inventory d. Assigned direct and indirect labor costs. Description Debit Credit d. Assigned direct and indirect labor costs. Description Debit Credit Work in process inventory Manufacturing overhead Wages payable e. Recorded factory depreciation and accrued factory property tax Description Debit Credit Property taxes payable Accumulated depreciation-factory Manufacturing overhead f. Applied manufacturing overhead to production. Debit Credit ttps://mybusinesscourse.com/support?newlticketetrue f. Applied manufacturing overhead to production. Description Debit Credit Work in process inventory Manufacturing overhead g. Completed work on products. Description Debit Credit Finished goods inventory Work in process inventory h. Sold finished goods on account. Description Debit Credit Accounts Receivabke Finished goods inventory Work in process inventory h. Sold finished goods on account. Description Debit Credit Accounts Receivable Sales To transfer cost to ex Cost of goods sold Finished goods inventory re