Starr Company reports the following information for August.

Raw materials purchased on account $76,200

Direct materials used in production $48,000

Factory wages earned (direct labor) $15,350

Overhead rate 120 % 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.

View transaction list Journal entry worksheet