Your answer is partially correct. During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,400 on account, factory labor $6,100 of which $5,900 relates to factory wages payable and $200 relates to payroll taxes payable, and factory utilities payable $2,500. Prepare separate journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Raw Materials Inventory Accounts Payable (To record purchase of raw materials on account) 31 Finished Goods Inventory Factory Wages Payable Employer Payroll Taxes Payable (To record factory labor costs) 31 Manufacturing Overhead Utilities Payable (To record entry for utilities payable) Debit 5400 6100 2500 Credit 5400 5900 200 2500