2 Starr Company reports the following information for August. Raw materials purchased on account Direct materials used in production Factory wages earned (direct labor) Overhead rate $86,600 $57,800 $ 20,900 125 % of direct labor cost 0.71 points Prepare journal entries to record the following events. eBook 1. Raw materials purchased. 2. Direct materials used in production. 3. Direct labor used in production. 4. Applied overhead. Hint Print View transaction list X References A Record raw materials purchased on account. B Record the entry to assign direct materials to jobs. C Record the entry to assign direct labor to jobs. D Record the application of overhead to work in process. Credit Note : = journal entry has been entered Record entry Clear entry View general journal