Lowes 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	$	230,000
Direct labor used	$	38,000
Predetermined overhead rate (based on direct labor)		120	%
Goods transferred from bagging to finished goods	$	(203,500	)

The company's revenue for the month totaled $450,000 from credit sales, and its cost of goods sold for the month is $250,000.

(1)	Prepare journal entry dated October 31 to record its October production activities for direct material usage. (Omit the "$" sign in your response.)

Date	General Journal	Debit	Credit
Oct. 31	(Click to select)Raw materials inventoryCost of goods soldFinished goods inventoryGoods in process inventoryFactory overheadFactory payrollAccounts payableCash
	(Click to select)Factory payrollGoods in process inventoryFinished goods inventoryCost of goods soldRaw materials inventoryCashAccounts payableFactory overhead

(2)	Prepare journal entry dated October 31 to record its October production activities for direct labor usage.(Omit the "$" sign in your response.)

Date	General Journal	Debit	Credit
Oct. 31	(Click to select)Raw materials inventoryAccounts receivableCashFactory payrollSalesFactory overheadGoods in process inventoryAccounts payable
	(Click to select)SalesAccounts payableFactory overheadGoods in process inventoryRaw materials inventoryCashFactory payrollAccounts receivable

(3)	Prepare journal entry dated October 31 to record its October production activities for overhead allocation. (Omit the "$" sign in your response.)

Date	General Journal	Debit	Credit
Oct. 31	(Click to select)Goods in process inventoryCost of goods soldFactory overheadAccounts payableRaw materials inventoryFinished goods inventoryFactory payrollCash
	(Click to select)Factory payrollFinished goods inventoryFactory overheadAccounts payableCost of goods soldCashGoods in process inventoryRaw materials inventory

(4)	Prepare journal entry dated October 31 to record its October production activities for goods transfer from production to finished goods. (Omit the "$" sign in your response.)

Date	General Journal	Debit	Credit
Oct. 31	(Click to select)Finished goods inventoryGoods in process inventoryAccounts payableFactory overheadFactory payrollCost of goods soldRaw materials inventoryCash
	(Click to select)Finished goods inventoryRaw materials inventoryCost of goods soldAccounts payableFactory payrollFactory overheadCashGoods in process inventory

(5)	Prepare journal entries dated October 31 to record its October activities for sales. (Omit the "$" sign in your response.)

Date	General Journal	Debit	Credit
Oct. 31	(Click to select)Factory payrollGoods in process inventoryCashRaw materials inventorySalesFactory overheadAccounts payableAccounts receivable
	(Click to select)Factory overheadAccounts payableGoods in process inventoryRaw materials inventoryFactory payrollSalesAccounts receivableCash
	(Click to select)Accounts payableFinished goods inventoryFactory payrollCost of goods soldGoods in process inventoryCashFactory overheadRaw materials inventory
	(Click to select)Finished goods inventoryGoods in process inventoryCashFactory payrollCost of goods soldAccounts payableFactory overheadRaw materials inventory