Prepare journal entries to record transactions a through h a. Raw materials purchased on credit, $100,000. b. Direct materials used, $42,000. Indirect materials used, $15,000. c. Direct labor used, $36,000. Indirect labor used, $14,000. (Record using Factory Wages Payable.) d. Paid cash for other actual overhead costs, $8,250. e. Applied overhead at the rate of 120% of direct labor cost 1. Transferred cost of jobs completed to finished goods, $68,175. g. Sales of jobs on credit was $97,000. h. Cost of jobs sold was $68,175. View transaction list Journal entry worksheet 2 3 4 5 Record raw materials purchased on account. Note: Enter debits before credits. Transaction a. 9 7 8 9 10 10 General Journal Debit Credit