Prepare summary journal entries to record the following transactions and events a through g for a company in its first month of operations.

a.	Raw materials purchased on account, $90,000.
b.	Direct materials used in production, $36,500. Indirect materials used in production, $19,200.
c.	Paid cash for factory payroll, $50,000. Of this total, $38,000 is for direct labor and $12,000 is for indirect labor.
d.	Paid cash for other actual overhead costs, $11,475.
e.	Applied overhead at the rate of 125% of direct labor cost.
f.	Transferred cost of jobs completed to finished goods, $56,800.
g.	Sold jobs on account for $82,000. The jobs had a cost of $56,800.