LE 17-1 PE 17-18 Issuance of materials Ou2 On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. On August 24, raw materials were requisitioned for production as follows: 5,000 units for Job 40 at $8 per unit and 6,200 units for Job 42 at $14 per unit. Journalize the entry on August to record the purchase and on August 24 to record the requisition from the materials storeroom. SHOW 19-2 PE 17-20 Direct labor costs O. During August, Hothchild Company accumulated 3.500 hours of direct labor costs on Job 40 and 4,200 hours on Job 42. The total direct lahor was incurred at a rate of $25.00 per direct labor hour for Job 40 and $23.50 per direct labor hour for Job 2. Journalue the entry to record the flow of labor costs into production during August