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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.
- Raw materials purchased.
- Direct materials used in production.
- Direct labor used in production.
- Applied overhead.
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