Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $12,800 of indirect materials for use in production of surfboard wax. 2. Incurred $212,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 155% of direct labor costs. Direct labor costs were $110,000 in the Mixing department and $60,000 in the Shaping department.. View transaction list Journal entry worksheet 12 3 > Requisitioned $12,800 of indirect materials for use in production of surfboard wax. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Record entry Clear entry View general journal