The Contreras Corporation uses a job-order costing system. The following activities took place during the month of May: a. Raw materials purchased $ 40,000 b. Raw materials (all direct) used in production $ 35,000 c. Salaries and wages costs: Direct labor cost $ 60,000 Indirect labor cost $ 30,000 Sales salaries $ 32,000 d. Factory utility costs $ 15,000 e. Depreciation on factory equipment $ 50,000 f. Advertising expense $ 75,000 g. Manufacturing overhead is applied at the predetermined rate of 150% of direct labor cost. h. Cost of Goods Manufactured for the month $180,000 i. Cost of Goods Sold for the month $150,000 Required: Prepare journal entries to record the information given above