Record the following transaction in the general journal with narratives.
Dec 1 purchased materials on account 40000.
5 direct materials requisitioned 25000
6 indirect materials requisitioned 10000
15 factory labour incurred - direct labour 30000 - indirect labour 14000
20 paid factory overheads in cash 8000
22 applied manufacturing overheads based on $9 per direct labour hours
28 goods costing 75000 were completed
30 goods costing 50000 were sold on account for 80000