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Starr Company reports the following information for August. Raw materials purchased on account$89,800Direct materials used in production$49,600Factory wages earned (direct labor)$21,500Overhead rate125% of direct labor

Starr Company reports the following information for August.

Raw materials purchased on account$89,800Direct materials used in production$49,600Factory wages earned (direct labor)$21,500Overhead rate125% of direct labor cost

Prepare journal entries to record the following events.

  1. Raw materials purchased.
  2. Direct materials used in production.
  3. Direct labor used in production.
  4. Applied overhead.

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