Prepare journal entries to record the following production activities for Hotwax. 1. Incurred direct labor of $220,000 (credit Factory Payroll Payable) 2. Incurred indirect labor of $21,500 (credit Factory Payroll Payable). 3. Total factory payroll of $241,500 was paid in cash. View transaction list Journal entry worksheet 2 3 Record direct labor used, but not yet paid. Note: Enter debits before credits. Transaction General Journal Debit Credit