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please fast Prepare the journal entries for the following transactions of the CBS Manufacturing Company, 1. Purchased $30,000 of direct materials on account 2. Requisitioned

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Prepare the journal entries for the following transactions of the CBS Manufacturing Company, 1. Purchased $30,000 of direct materials on account 2. Requisitioned $23,000 of direct materials for use in production 3. Direct labor payroll of $80,000 was paid in cash 4. Indirect labor payroll of $60,00 was paid in cash 5. Executive payroll of $90,000 was paid in cash 6. Rent on the manufacturing facilities of $100,000 was paid in cash 7. Rent on the finished goods warehouse of $50,000 was paid in cash 8. The MOH application rate is 50% of direct labor dollars

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