Prepare journal entries for the following:

a) Requisitioned into production $50,000 direct material & $5,000 indirect material.

b) Recorded $60,000 direct labor &13,000 indirect labor on account.

c) Recorded $ 10,000 for factory electricity on account

d) Applied OH at 50% of DL$. Show computation.

e) Closed over/under applied OH to COGS. Show computations.