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Purchased raw materials on account, $26,925.2. Raw Materials of $21,440 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $1,630

Purchased raw materials on account, $26,925.2. Raw Materials of $21,440 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $1,630 was classified as indirect materials.3. Factory labor costs incurred were $41,150 of which $37,858 pertained to factory wages payable and $3,292 pertained to employer payroll taxes payable.4. Time tickets indicated that $37,300 was direct labor and $3,850 was indirect labor.5. Overhead costs incurred on account were $52,865.6. Manufacturing overhead was applied at the rate of 140% of direct labor cost.7. Goods costing $11,100 are still incomplete at the end of the month; the other goods were completed and transferred to finished goods.8. Finished goods costing $36,515 to manufacture were sold on account for $57,720.

Instructions Journalize the above transactions for Agriculture Sprinkler, Inc. Omit Explanations

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