Prepare journal entries to record the following production activities. 1. Incurred $58,000 of direct labor in production (credit Factory Payroll Payable). 2. Incurred $22,000 of indirect labor in production (credit Factory Payroll Payable). 3. Paid factory payroll. Answer is not complete. No Transaction General Journal Debit Credit 1 1 Work in process inventory 58,000 Raw materials inventory Cost of goods sold 22,000 70,000 2 2 Factory overhead Factory payroll payable Factory payroll payable 3 3 Cash 22,000 22,000