Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $12,400 of indirect materials for use in production of surfboard wax. 2. Incurred $200,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 150% of direct labor costs. Direct labor costs were $130,000 in the Mixing department and $60,000 in the Shaping department... View transaction list Journal entry worksheet 1 2 3 Requisitioned $12,400 of indirect materials for use in production of surfboard wax. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entor Clearantor View paperal Journal,