Torre Corporation incurred the following transactions. 1. 2. 3. 4. 5. Purchased raw materials on account $47,000. Raw materials of $44,200 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,300 was classified as indirect materials. Factory labour costs incurred were $60,100, of which $51,000 pertained to factory wages payable and $9,100 pertained to employer payroll taxes payable. Time tickets indicated that $54,400 was direct labour and $5,700 was indirect labour. Manufacturing overhead costs incurred on account were $83,600. Depreciation on the company's office building was $8,600. Manufacturing overhead was applied at the rate of 160% of direct labour cost. Goods costing $94,800 were completed and transferred to finished goods. Finished goods costing $81,800 to manufacture were sold on account for $110,300. 6. 7. 8. 9. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (2) (3) (5) (6) (7) (8) (9) (To record the sale) (To record the cost of the sale)