Pental Manufacturing Company incurred the following transactions during the year. a. Purchased raw materials on account, $58,000. b. Requisitioned raw materials of $35,000 to the factory, which included $9,800 of indirect materials. c. Accrued factory labor costs of $84,400, which included $18,500 of indirect labor. The workers have not yet been paid. d. Incurred actual manufacturing overhead costs (on account) of $120,000. e. Recorded depreciation for office equipment of $14,500. f. Manufacturing overhead was applied at the rate of 150 percent of direct labor cost. g. Completed jobs costing $147,000. h. Sold jobs costing $100,000 for $125,000 on account. Required: 1. Journalize transactions a to 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. Complete this question by entering your answers In the tabs below. Required 1 Required 2 Required 3 Required 4 Journalize transactions a to h. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field. View transaction list Journal entry worksheet 2 3 5 6 7 8 9 Purchased raw materials on account, $58,000. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal