work Question 8 of 13 - / 10 View Policies Current Attempt in Progress Wildhorse Corporation incurred the following transactions 1. Purchased raw materials on account $56,570. 2. Raw Materials of $43,920 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $8,380 was classified as indirect materials. Factory labor costs incurred were $73.120. 4. Time tickets indicated that $65,880 was direct labor and $7,240 was indirect labor. 5. Manufacturing overhead costs incurred on account were $98,210. 6. Depreciation on the company's office building was $9,840. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. Goods costing $107.360 were completed and transferred to finished goods. Finished goods costing $91,500 to manufacture were sold on account for $125,660. 3. co o Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually:) Debit Credit No. Account Titles and Explanation (1) (2) List of Accounts Assistanc Accounts Payable Accounts Receivable Accumulated Depreciation Buildings Accumulated Depreciation Equipment Cash Cost of Completed Service Contracts Cost of Goods Sold Depreciation Expense Employer Fringe Benefits Payable Employer Payroll Taxes Payable Factory Labor Factory Wages Payable Finished Goods Inventory Manufacturing Overhead 20 da Operating Overhead Payroll Liabilities Prepaid Insurance Prepaid Property Taxes Property Tax Payable Raw Materials Inventory Salaries and Wages Payable Sales Revenue Service Contracts in Process Service Salaries and Wages Supplies Utilities Payable Work in Process Inventory Save for Later Attempts: 0 of 3 used Sub