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Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the companys inventory balances were as follows:

Raw materials	$	50,000
Work in process	$	30,800
Finished goods	$	43,200

The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the companys predetermined overhead rate of $12.00 per direct labor-hour was based on a cost formula that estimated $480,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year:

a. Raw materials were purchased on account, $696,000.

b. Raw materials used in production, $655,400. All of of the raw materials were used as direct materials.

c. The following costs were accrued for employee services: direct labor, $430,000; indirect labor, $150,000; selling and administrative salaries, $251,000.

d. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $411,000.

e. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities), $330,000.

f. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year.

g. Jobs costing $1,521,800 to manufacture according to their job cost sheets were completed during the year.

h. Jobs were sold on account to customers during the year for a total of $3,255,000. The jobs cost $1,531,800 to manufacture according to their job cost sheets.

1. What is the journal entry to record raw materials used in production? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Record the raw materials used in production. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 2. What is the ending balance in Raw Materials? Raw Materials Beg. bal. End. bal. Record the accrued labor costs. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 4. What is the total amount of manufacturing overhead applied to production during the year? Manufacturing overhead applied