June 1 Purchased raw materials for $25,000 on account. 8 Raw materials requisitioned by production:

June 1 Purchased raw materials for $25,000 on account.8 Raw materials requisitioned by production:Direct materials $8,000Indirect materials 1,00015 Paid factory utilities, $2,100 and repairs for factory equipment, $3,000.25 Accrued $78,000 of factory labor that had been incurred.25 Time tickets indicated the following:Direct Labor (4,500 hrs × $12 per hr) = $54,000Indirect Labor (3,000 hrs × $8 per hr) = 24,000$78,00025 Applied manufacturing overhead to production based on a predetermined overheadrate of $9 per direct labor hour worked.28 Goods costing $18,000 were completed in the factory and were transferred to finishedgoods.30 Goods costing $15,000 were sold for $20,000 on account.