72) Myer's Enterprises uses a job costing system. Record the following transactions in Myer's Enterprise's general journal for the current month:
a) Purchased raw materials on account, $45,000.
b) Requisitioned $26,700 of direct materials and $4,200 of indirect materials for use in production.
c) Factory payroll incurred, $54,000; 80% direct labor, 20% indirect labor.
d) Recorded depreciation expense factory equipment $7,200, and other manufacturing overhead of $25,260 (credit accounts payable).
e) Allocated manufacturing overhead costs based on 120% of direct labor cost.
f) Cost of completed production for the current month, $85,200.
g) Cost of finished goods sold, $69,000; selling price, $105,000 (all sales on account).