Chapter 16 Homework Saved 4 Prepare journal entries to record the following production activities for Hotwax. 15 points 1. Requisitioned $14,500 of indirect materials for use in production of surfboard wax. 2. Incurred $184,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 140% of direct labor costs. Direct labor costs were $145,000 in the Mixing department and $95,000 in the Shaping department.. Book View transaction ist References Journal entry worksheet Requisitioned $14,500 of indirect materials for use in production of surfboard wax. Note: Enter debits before credits Transaction 1 General Journal Debit Credit Record entry Clear entry View general Journal Mc Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $14.500 of indirect materials for use in production of surfboard wax. 2. Incurred $184,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 140% of direct labor costs. Direct labor costs were $145,000 in the Mixing department and $95.000 in the Shaping department. View transaction at Journal entry worksheet Incurred $184,000 overhead costs (credit "Other accounts"). Note: Enter debits before credits General Journal Debit Credit Transaction 2 Record entry Clear entry View general journal MacBook Pro esc G Search or type URL # 3 $ 4 & 7 1 2 6 8 9 W E R T Y U Prepare journal entries to record the following production activities for Hotwax. 1. Requisitioned $14,500 of indirect materials for use in production of surfboard wax. 2. Incurred $184,000 overhead costs (credit Other accounts). 3. Applied overhead at the rate of 140% of direct labor costs. Direct labor costs were $145,000 in the Mixing depart in the Shaping department. View transaction list Journal entry worksheet esc Search or type URL 8