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1 Recording purchase of raw materials and transfer of raw materials into production process. Cardillo Inc. has provided the following information regarding the raw materials (RM) and work-in-process (WIP) for the current month: Required: a) Provide the journal entries to record the transactions occurred during the current month. b) Update the T-account for -i) Raw materials inventory and i) Work-in-process inventory- c) Establish the T account for manufacturing overhead