Starr Company reports the following information for August.

Raw materials purchased on account	$	78,200
Direct materials used in production	$	50,400
Factory wages earned (direct labor)	$	21,500
Overhead rate		140	% 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.