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uestion 37 Verrett Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year Raw materials purchased on account $ 476,000 Raw materials (all direct) requisitioned for use in production $ 475,000 Direct labor cost $ 174,000 Manufacturing overhead: Indirect labor cost $ 498,000 Other manufacturing overhead costs incurred $ 640,000 What is the journal entry to record the direct and indirect labor costs incurred during the year? Debit Credit Work in Process 640.000 Manufacturing Overhead 174,000 Wages Payable 814,000 Debit Credit Direct labor 174.000 Manufacturing Overhead 498,000 Wages payable 672.000 Credit Dehir