Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $11,000 of indirect materials for use in production of surfboard wax. 2. Incurred $176,000 overhead costs (credit Other accounts) 3. Applied overhead at the rate of 150% of direct labor costs. Direct labor costs were $105,000 in the Mixing department and $65,000 in the Shaping department Journal entry worksheet Incurred $176,000 overhead costs (credit "Other accounts"). Note: Enter debits before credits. General Journal Transaction 2. Debit Credit Record entry Clear entry View general Journal Journal entry worksheet Applied overhead at the rate of 150% of direct labor costs. Direct labor costs were $105,000 in the Mixing department and $65,000 in the Shaping department. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal