Prepare journal entries to record transactions a through h. Raw materials purchased on credit, $102,000. Direct materials used, $42,500. Indirect materials used, $15,000. Direct labor used, $37,000. Indirect labor used, $18,000. (Record using Factory Wages Payable.) Paid cash for other actual overhead costs, $8,375. Applied overhead at the rate of 125% of direct labor cost. Transferred cost of jobs completed to finished goods, $72,600. Sales of jobs on credit was $104,000. Cost of jobs sold was $72,600.