Prepare journal entries to record the following production activities for Hotwax. a. Requisitioned $9,900 of indirect materials for use in production of surfboard wax. b. Incurred $160,000 in actual other overhead costs (paid in cash). c. Applied overhead at the rate of 145% of direct labor costs. Direct labor costs were $110,000 in the Mixing department an $50,000 in the Shaping department. Journal entry worksheet Requisitioned $9,900 of indirect materiais for use in production of surfboard wax. Note: Enter debits before credits, Prepare journal entries to record the following production activities for Hotwax. a. Requisitioned $9,900 of indirect materials for use in production of surfboard wax. b. Incurred $160,000 in actual other overhead costs (paid in cash). c. Applied overhead at the rate of 145% of direct labor costs. Direct labor costs were $110,000 in the Mixing dep $50,000 in the Shaping department. 1 Requisitioned $9,900 of indirect materials for use in production of surfboard wax. 2 Incurred $160,000 in actual other overhead costs (paid in cash). 3 Applied overhead at the rate of 145% of direct labor costs. Direct labor costs were $110,000 in the Mixing department and $50,000 in the Shaping department. fboard