Re-Tire produces bagged mulch made from recycled tires. Production involves shredding tires and packaging the pieces for sale in the bagging department. All direct materials enter in the first process. The following describes production operations for October. Direct materials used Direct labor used 35% in Shredding; 65% in Bagging. Predetermined overhead rate (based on direct labor) Transferred to Bagging Transferred to finished goods $ 232,000 $ 122,000 195% $ 204,500 $570,000 The company's revenue for the month totaled $440,000 from credit sales, and its cost of goods sold for the month is $244,000. Prepare summary journal entries dated October 31 to record its October production activities for (1) direct materials usage, (2) direct labor incurred (3) overhead applied, (4) goods transfer from Shredding to Bagging, (5) goods transfer from Bagging to finished goods, (6) credit sales, and (7) cost of goods sold