Show Attempt History Current Attempt in Progress Your answer is partially correct Oriole Corporation incurred the following transactions. 1. Purchased raw materials on account $50,990. 2 Raw Materials of $39,600 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,540 was classified as indirect materials. 3. Factory labor costs incurred were $65.920. 4. Time tickets indicated that $59.400 was direct labor and $6,520 was indirect labor. 5. Manufacturing overhead costs incurred on account were $88,550. 6. Depreciation on the company's office building was $8.880. 7. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. Goods costing $96,800 were completed and transferred to finished goods. 9. Finished goods costing $82.500 to manufacture were sold on account for $113,300. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 50909 when amount is entered. Do not indent manually) No. Account Titles and Explanation (1) Debit 50900 Credit 2/16 50900 (2) 32060 Manufacturing Overhead 7540 Raw Materials Iery PIDO (3) Factory Labor Per Listes 5920 (4) Work in Process Inventory 59400 Manufacturing Overhead 6520 Factory Labor (5) Manufacturing Overhead 16550 Accounts Payable (6) Manufacturing Overhead 6880 65920 88560 Questul 601 13 (5) Manching Overal (6) Manufacturing Over Depreciation Expense (7) Finished Goods Inventory 96800 Work in Process inventory (8) Work in Process Inventory 90480 Manufacturing Overhead (9) Accounts Receivable 11300 Cost of Goods Sold 12500 (To record the sale) Sales Revenue 113300 Finished Goods Inventory (To record the cost of the sale) 5/18 96800 98800 2500