During the current month, a company that uses job order costing incurred a monthly factory payroll of $195,500. Of this amount, $48,000 is classified as indirect labor and the remainder as direct. Prepare journal entries to record these transactions.

Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?