Prepare journal entries to record the following transactions: Nov 1 Purchased materials of $200,000 paying $150,000 and rest put on account. Nov 5 Used Direct Material, $132,000 and $8,000 of Indirect Material. Nov 10 Used Direct Labor costs of $100,000 and $20,000 of Indirect Labor Nov 15 Incurred $5,000 of Overhead on account Nov 20 Recorded Depreciation on Factory Building of $55,000 Nov 22 Overhead is applied at 200% of Direct Labor Costs Nov 28 Finished some of the jobs we were working on, $700,000 Nov 30 We sold 75% of the jobs that we finished in that cost $275,000 for $300,000