Pental Manufacturing Company incurred the following transactions during the year: a. Purchased raw materials on account, $55,000. b. Requisitioned raw materials of $33,800 to the factory, which included $9,200 of indirect materials. c. Accrued factory labor costs of $83.200, which included $17,900 of indirect labor. The workers have not yet been paid. d. Incurred actual manufacturing overhead costs (on account) of $108,000. e. Recorded depreciation for office equipment of $11.500. f. Manufacturing overhead was applied at the rate of 150% of direct labor cost. g. Completed jobs costing $129,000. h. Sold jobs costing $88,000 for $110,000 on account. Required: 1. Journalize transactions a-h. 2. Compute the over- or underapplied overhead. 3. Prepare the journal entry to transfer the over- or underapplied balance to Cost of Goods Sold. 4. Compute adjusted cost of goods sold.