Required informeton [Toe following mformation apples to the questions dispitand below] Bunnell Corporation is a manufacturer that uses job-order costing On lanusy ti the companys mentocy balances were as follows The company applies cuerhead cost to jobs on the basis of direct labortiours For the current year, the compary's predetermined overhead rate of $1525 per direct iabod hour was based on a cort form ia that estrated $610.000 of total manufacturing overthedd for an ectimeed act. sty leved of 40000 ditect taborhours The tollowing transactions were tecorded for the year. a. Riw materias were purchased on account, 5562000 : b. Row materials used in production, 5513,200 . Al of of the raw materais were used as dect matenal: c. The followng costs vere accrued for empioyee services deect tabot 5560,000 . andirect haber: $150,000; setling and admineteve salaries, $249,000 goods warehousingl. S401000 e. Incurred various manisacturing overthead costs feg, deprecation, insorance, and iatroes. $460,000 1.Manufacturing owerhead coct was appled to production The company actualy worked 41.000 drect labor-hours on all jobs during the year. 9. Jobs costing $1.614.850 to mancifacture according to ther job cost sheets were compicted dining the year h. Jobs were sold con accotrit to customers during the year for a fotal of $3.397,500. The jobs cost 51624,850 io manutacture according to their job cos shects. Reauired: 1. What is the joutmel entry to record raw maderials used in productian? (if no entry is required for a vernactionievent, select "No journet entry required" in the first sccount teid. Journal entry worksheet Kecled the raw masediar lised in pedizition