Purchased raw materials on account

$58,430

.\ Raw Materials of

$45,360

were requisitioned to the factory. An analysis of the materials requisition slips indicated that

$8,660

was classified as indirect materials.\ Factory labor costs incurred were

$75,520

.\ Time tickets indicated that

$68,040

was direct labor and

$7,480

was indirect labor.\ Manufacturing overhead costs incurred on account were

$101,430

.\ Depreciation on the company's office building was

$10,160

.\ Manufacturing overhead was applied at the rate of

150%

of direct labor cost.\ Goods costing

$110,880

were completed and transferred to finished goods.\ Finished goods costing

$94,500

to manufacture were sold on account for

$129,780

.\ Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

1. Purchased raw materials on account $58,430. 2. Raw Materials of $45,360 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,660 was classified as indirect materials. 3. Factory labor costs incurred were $75,520. 4. Time tickets indicated that $68,040 was direct labor and $7,480 was indirect labor. 5. Manufacturing overhead costs incurred on account were $101,430. 6. Depreciation on the company's office building was $10,160. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $110,880 were completed and transferred to finished goods. 9. Finished goods costing $94,500 to manufacture were sold on account for $129,780. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. Purchased raw materials on account $58,430. 2. Raw Materials of $45,360 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,660 was classified as indirect materials. 3. Factory labor costs incurred were $75,520. 4. Time tickets indicated that $68,040 was direct labor and $7,480 was indirect labor. 5. Manufacturing overhead costs incurred on account were $101,430. 6. Depreciation on the company's office building was $10,160. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $110,880 were completed and transferred to finished goods. 9. Finished goods costing $94,500 to manufacture were sold on account for $129,780. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)