Laffer Lumber produces bagged bark for use in landscaping. Production involves packaging bark chips in plastic bags in a bagging department. The following information describes production operations for October.

	Bagging Department
Direct materials used	$	232,000
Direct labor used	$	37,000
Predetermined overhead rate (based on direct labor)		110	%
Goods transferred from bagging to finished goods	$	(205,000	)

The company's revenue for the month totaled $470,000 from credit sales, and its cost of goods sold for the month is $242,000.

1.	Prepare journal entry dated October 31 to record its October production activities for direct material usage.

1. Prepare journal entry dated October 31 to record its October production activities for direct material usage view transaction list view general journal Journal Entry Worksheet Record direct materials used in production. Debit Date General Journal Credit Oct 31 *Enter debits before credits done clear entry record entry