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3 Starr Company reports the following information for August Raw materials purchased on account $80,600 Direct materials used in production $ 48,000 Factory wages earned (direct labor) $ 19,850 Overhead rate 125 % of direct labor cost 4.16 points Skipped 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 Ask Print References View transaction ist Journal entry worksheet