The Sand Lot, Inc. uses a job costing system due to performing small, specialized excavation jobs for a variety of businesses and residences along the Gulf Coast. For the following transactions, record the related journal entries.

a)Raw materials purchased on account, $356,000.

b)Direct materials used in production, $116,400. Indirect materials used in production, $37,900 (use 1 entry).

c)Paid cash for factory payroll, $34,310. Of this total, $23,100 is for direct labor and $11,210 is for indirect labor (use 1 entry).

d)Paid cash for other actual overhead costs, $67,200.

e)Applied overhead at the rate of 130% of direct labor cost.

f)Transferred cost of jobs completed to finished goods, $210,000.

g)Sold jobs on account for $434,000. The jobs had a cost of $312,000.