A. Record direct materials used in production

B. Record direct labor used in production, but not yet paid

C. Record overhead applied to production

D. Record the transfer of goods from Shredding to Bagging

E. Record the transfer of goods to finished goods

F. Record the sale of goods on account

G. Record the cost of goods sold

Re-Tire produces bagged mulch from recycled tires. Production involves shredding tires and packaging the pieces in the Bagging department. All direct materials enter in the Shredding process. A predetermined overhead rate of 175% of direct labor costs is used in both departments. The following describes production operations for October. Sales (on credit) for the month total $460,000 and cost of goods sold for the month is $244,000. Prepare journal entries dated October 31 to record October production activities for (1) direct materials usage, (2) direct labor usage, (3) overhead applied, (4) costs transfer from Shredding to Bagging, (5) costs transfer from Bagging to finished goods, (6) credit sales, and (7) cost of goods sold