Your answer is partially correct.

Blossom Corporation incurred the following transactions.

Purchased raw materials on account $$37,040.$

Raw Materials of $$28,800$ were requisitioned to the factory. An analysis of the materials requisition slips indicated that $$5,440$ was classified as indirect materials.

$3.$ Factory labor costs incurred were $$47,920.$

$4.$ Time tickets indicated that $$43,200$ was direct labor and $$4,720$ was indirect labor.

$5.$ Manufacturing overhead costs incurred on account were $$64,400.$

$6.$ Depreciation on the company's office building was $$6,480,$

$7.$ Manufacturing overhead was applied at the rate of $150\%$ of direct labor cost.

$8.$ Goods costing $$70,400$ were completed and transferred to finished goods.

Finished goods costing $$60,000$ to manufacture were sold on account for $$82,400.$

$7$

$$ Your answer is partially correct.

Blossom Corporation incurred the following transactions.

Purchased raw materials on account $$37,040.$

Raw Materials of $$28,800$ were requisitioned to the factory. An analysis of the materials requisition slips indicated that $$5,440$ was classified as indirect materials.

Factory labor costs incurred were $$47,920.$

Time tickets indicated that $$43,200$ was direct labor and $$4,720$ was indirect labor.

Manufacturing overhead costs incurred on account were $$64,400.$

Depreciation on the company's office building was $$6,480.$

Manufacturing overhead was applied at the rate of $150\%$ of direct labor cost.

Goods costing $$70,400$ were completed and transferred to finished goods.

Finished goods costing $$60,000$ to manufacture were sold on account for $$82,400.$

$7$

Journalize the transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

$\backslash$table$[[$No$.,$Account Titles and Explanation,Debit,Credit$],[(1),$Raw Materials Inventory,$$37,040,],[(2),$Accounts Payable,,$$37,040],[$Work in Process Inventory,,$],[$Manufacturing Overhead,,$],[(3),$Raw Materials Inventory,,$],[,,],[,,$$$47,920],[(4),$Manufacturing Overhead,,$],[(5)],[(6)],[(7)],[(8)],[(9)],[,($To record the sale$),,],[,,,],[,,,],[,),,]]$