Your answer is partially correct. Try again. During January, its first month of operations, Dieker Company accumulated the following manufacturing costs: raw materials $5,800 on account, factory labor $7,300 of which $5,500 relates to factory wages payable and $1,800 relates to payroll taxes payable, and utilities payable $2,100. 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 Debit Credit Jan. 31 TRaw Materials Inventory 5,800 Accounts Payable 5,800 (To record purchase of raw materials on account) X 31 Factory Labor 4,700 X Factory Wages Payable 5,200 Employer Payroll Taxes 800 (To record factory labor costs) X 314 Manufacturing Overhead 2,000 X Utilities Payable 2,000 (To record entry for utilities payable)