Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $84,000, b. Direct materials used, $38,000. Indirect materials used, $13,500. c. Direct labor used, $31,000. Indirect labor used, $14,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $7,250. e. Applied overhead at the rate of 120% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $58,500. 9. Sales of jobs on credit was $84,000. h. Cost of jobs sold was $58,500