Job Order Costing Journal Entries (10 points): Finn Manufacturing Company uses a job order cost accounting system and keeps perpetual inventory records. Prepare journal entries to record the following transactions- type into the journal below in good form (the first one is completed started for you). 1. Purchased raw materials for $20,000 on account 2. Raw materials of $9,000 were requisitioned by production: Direct materials of $8,000 and Indirect materials of $1,000 3. Incurred $108,000 of factory labor. (credit Wages Payable) 4. Time tickets indicated the following: Direct Labor of $84,000 and Indirect Labor of $24,000 5. Paid manufacturing overhead on account of $10,100. 6. Applied manufacturing overhead to production of $49,000 7. Goods costing $18,000 were completed in the factory and were transferred to finished goods. CREDIT 8. Goods costing $15,000 were sold for $20,000 on account. Num ACCOUNT TITLE Raw Materials Inventory Accounts Payable DEBIT 20000 1 20000