Prepare journal entries to record transactionsathroughh.

1. Raw materials purchased on credit, $114,000.
2. Direct materials used, $45,500. Indirect materials used, $20,400.
3. Direct labor used, $37,000. Indirect labor used, $13,000. (Record using Factory Wages Payable.)
4. Paid cash for other actual overhead costs, $9,125.
5. Applied overhead at the rate of 125% of direct labor cost.
6. Transferred cost of jobs completed to finished goods, $80,500.
7. Sales of jobs on credit was $115,000.
8. Cost of jobs sold was $80,500.

Journal entry worksheet 2 3 5 10 Record raw materials purchased on account . Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 3 5 6 7 8 10 > Record the entry to assign costs of direct materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit b(1).Journal entry worksheet Record costs of jobs completed. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journalJournal entry worksheet