2 Raw materials purchased on account Direct materials used in production Factory wages earned (direct labor) Overhead rate $ 76,200 $ 48,000 $15, 350 120% of direct labor cost 89 ints eBook Prepare journal entries to record the following events. 1. Raw materials purchased. 2. Direct materials used in production 3. Direct labor used in production 4. Applied overhead. Hint Print References View transaction list Journal entry worksheet B D Record raw materials purchased on account. Journal entry worksheet B D Record raw materials purchased on account. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Journal entry worksheet Record the entry to assign direct materials to jobs. 1 Note: Enter debits before credits. st Transaction General Journal Debit Credit nces 2 Record entry Clear entry View general journal Journal entry worksheet Record the entry to assign direct labor to jobs. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet Record the application of overhead to work in process. Note: Enter debits before credits Transaction General Journal Debit Credit 4 Record entry Clear entry View general journal