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Janet Wood Corporation incurred the following transactions. 1. Purchased raw materials on account $22,600. 2. Total raw materials of $18,600 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $3,300 of the total was classified as indirect materials. 3. Factory labour costs incurred were $44,200, based on 1,768 hours worked. 4. Time tickets indicated that 1,600 hours ($40,000) of total factory labour was direct labour: the remaining balance was indirect labour. 5. Manufacturing overhead costs incurred on account were $55,300. 6. Manufacturing overhead was applied at the rate of $35 per direct labor hour. 7. Goods costing $84,700 were completed and transferred to finished goods. 8. Finished goods costing $69,600 to manufacture were sold. Required: Using the attached template, record the transactions listed above. Attach the completed file as your answer. (Enter negative amounts using either a negative sign preceding the number (e.g. -45) or parentheses (e.g. (45)). A B E F G H I K L | N Raw Materials Inventory MANUFACTURING COSTS Factory Labour Manufacturing Overhead Work-in Process Inventory Finished Goods Inventory Cost of Goods Sold $ $ $ $ 1 2 3 4 No. Description 5 1. Purchased raw materials 6 7 2. Direct materials 8 9 2. Indirect materials 10 11 3 Incurred factory labour 12 13 4. Direct labour 14 15 4. Indirect labour 16 17 5. Overhead costs incurred 18 19 6. Assigned overhead 20 21 7. Completed goods 22 23 8. Completed goods 24 $ WILLION $ IND MONTAN WITHOUT $ $ $ $ $ ar