During January 202X, Weedeaters, Inc. purchased $100,000 in raw material on account on January 10, 202X. The company used $325,000 in direct labor and $75,000 in direct raw materials for the month. The company applies overhead at a rate of 250% of direct materials. The company had a beginning work-in-progress of $1,000,000 and an ending work-in-progress of $875,000. Actual factory overhead amounted to $150,000. Prepare all the necessary journal entries, including the transfer of goods ready for sale and reconciling of the factory overhead account, to record Januarys activity.