Sheridan Corporation had the following transactions during its first month of operations: 1. Purchased raw materials on account, $78,200. 2. 3. Raw materials of $27,600 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $5,520 was classified as indirect materials. Factory labor costs incurred were $161,000 of which $133,400 pertained to factory wages payable and $27,600 pertained to employer payroll taxes payable. 4. Time tickets indicated that $133,400 was direct labor and $27,600 was indirect labor. 5. Overhead costs incurred on account were $182,160. 6. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. Goods costing $105,800 are still incomplete at the end of the month; the other goods were completed and transferred to finished Goods Inventory. 8. Finished Goods Inventory with a cost of $92,000 was sold on account for $119,600. Journalize the above transactions for Sheridan Corporation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)