Exercise 2-9 (Algo) Recording materials, labor, and overhead LO P1, P2, P3 Starr Company shows the following information for the month. Raw materials purchased on credit Direct materials used Direct labor used Overhead rate $ 81,000 $ 56,600 $ 21,200 130% of direct labor cost Prepare journal entries to record the following. 1. Raw materials purchased. 2. Direct materials used. 3. Direct labor used. 4. Applied overhead. > A B C D Record raw materials purchased on account. Note: Enter debits before credits. Debit General Journal Transaction Credit Raw materials inventory Accounts payable A B C D Record direct materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Work in process inventory Record direct labor used. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 B C D Record the application of overhead to work in process. Note: Enter debits before credits. Transaction General Journal Debit Credit 4 4