Hibbard Corporation uses a job-order costing system. The following transactions took place during 2015, its first year of operations.

1. Raw materials purchased on account, $55,000.

2. Raw materials issued to production, $50,000 ($35,000 direct materials and $15,000 indirect materials).

3. Direct labor cost incurred, $60,000; indirect labor cost incurred, $45,000.

4. Depreciation recorded on factory equipment, $20,000.

5. Other manufacturing overhead costs incurred during 2006, $60,000 (credit Accounts Payable).

6. The company applies manufacturing overhead cost to production on the basis of $9.00 per machine hour. The company used 14,000 machine hours during 2006.

7. Production orders costing $120,000 according to their job cost sheets were completed in 2006 and transferred to Finished Goods.

8. The underapplied or overapplied overhead for the period was closed out to Cost of Goods Sold.

REQUIRED: Prepare journal entries to record the information given above. Key your entries by the letters a through h.