Prepare journal entries for the following: a) Purchased $140,000 in raw material on account. b) Requisitioned into production $120,000 direct material \& $6,000 indirect material. c) Recorded $100,000 direct labor \& 10,000 indirect labor on account. d) Recorded depreciation on factory machinery $120,000. e) Paid cash of $8,000 for factory electricity f) Applied OH at 125% of DM\$. Show computation. g) Goods of $333,000 were completed. h) Goods costing $230,000 were sold on account for $400,000