Prepare journal entries to record transactions a through $h.$

a$.$ Raw materials purchased on credit, $$88,000.$

b$.$ Direct materials used, $$39,000.$ Indirect materials used, $$17,800.$

c$.$ Direct labor used, $$39,000.$ Indirect labor used, $$16,000.($Record using Factory Wages Payable.$)$

d$.$ Paid cash for other actual overhead costs, $$7,500.$

e$.$ Applied overhead at the rate of $120\%$ of direct labor cost.

f$.$ Transferred cost of jobs completed to finished goods, $$60,600.$

g$.$ Sales of jobs on credit was $$86,500.$

h$.$ Cost of jobs sold was $$60,600.$

Journal entry worksheet

Record raw materials purchased on account $.$

Note: Enter debits before credits.