Inventories
Raw materials
Work in process
Finished goods
Beginning of
period
$ 37,000
9,100
59,000
Cost incurred for the period
Raw materials purchases
Factory payroll
Factory overhead (actual)
Indirect materials used
Indirect labor used
Other overhead costs
End of
Period
$ 36,000
20,800
33,500
$ 196,000
300,000
14,000
69,000
102,000
Prepare journal entries for the above transactions for the period