Torre Corporation incurred the following transactions. 1. Purchased raw materials on account $54,900. 2. Raw materials of $42,500 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,400 was classified as indirect materials. 3. Factory labour costs incurred were $67,100, of which $50,800 pertained to factory wages payable and $16,300 pertained to employer payroll taxes payable. 4. Time tickets indicated that $54,300 was direct labour and $12,800 was indirect labour. 5. Manufacturing overhead costs incurred on account were $84,300. 6. Depreciation on the company's office building was $8,600. 7. Manufacturing overhead was applied at the rate of 150% of direct labour cost. 8. Goods costing $90,400 were completed and transferred to finished goods. 9. Finished goods costing $82,300 to manufacture were sold on account for $112,700. No. Account Titles and Explanation Debit Credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (To record the sale) (To record the cost of the sale)