Manufacturing Cost Flow Journal Entries Glass Inc. uses Job-Order Costing. There was no beginning inventory and they had the following data for August: 1. $76,400 in raw materials were purchased for cash. 2. $71, 100 in raw materials were used for use in production. 3. Direct labor paid was $151, 100. 4. Indirect labor paid was $17,500. 5. Additional manufacturing overhead costs of $125,000 were incurred and paid. 6. Factory Depreciation of $45,000 7. Manufacturing overhead costs of $190,900 were applied to jobs using the company's predetermined overhead rate. 8. All of the jobs in progress at the end of the month were completed and shipped to customers. They were sold 10% above cost. 9. Any underapplied or overapplied overhead for the period was closed out to Cost of Goods Sold. Required: Prepare the required journal entries to record the information for the month