Record journal entries for the following Job$-$Order costing production transactions. The accounts used are: RM inventory, WIP inventory, FG inventory, COGS, Cash, Salaries Payable, Manufacturing Overhead, Sales Revenue, Accounts Receivable.

The company purchased $$80,000$ of raw materials from a supplier. The company paid cash.

Accounts Debit Credit

The company moved materials into production. $$55,000$ was direct materials and $$18,000$ was indirect materials.

Accounts Debit Credit

The company incurred $$28,000$ of direct labor costs and $$19,000$ of indirect labor costs during the period.

Accounts Debit Credit

The company applied $$40,000$ of overhead to jobs during the period.

Accounts Debit Credit

The company finished $$63,000$ of products during the period.

Accounts Debit Credit

The company sold products on account to a customer. The sales price was $$121,000.$ The cost of the products was $$59,000.($Record the sales part first, then the cost of goods sold part$)$

Accounts Debit Credit