1Raw materials purchased on account 70000 2Incurred factory labor 80000 all is direct labor Credit Factory Wages Payable 3Incurred the following overhead costs during the year Utilities 6800 Depreciation on manufacturing machinery 8000 Manufacturing machinery repairs 9200 Factory insurance 9000 Credit Accounts Payable and Accumulated Depreciation 4Assigned 80000 of factory labor to jobs 5Applied 35000 of overhead to jobs Instructions aJournalize the above transactions bReproduce the manufacturin