Record the entry to assign costs of direct materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit b(1). Record the entry for indirect materials. ote: Enter debits before credits. General Journal Debt Credit Transaction b(2). Prepare summary journal entries to record the following transactions for a company in its first month of operations. a. Raw materials purchased on account, $104,000. b. Direct materials used in production, $43,000. Indirect materials used in production, $19,400. c. Pald cash for factory payroll, $60,000. Of this total, $42,000 is for direct labor and $18,000 is for indirect labor. d. Pald cash for other actual overhead costs, $8,500. e. Applied overhead at the rate of 120% of direct labor cost. f. Transferred cost of jobs completed to finished goods, $77,800. 9. Sold jobs on account for $110,000 g(2). The jobs had a cost of $77,800 g(1)