Textbooks, LLC for the month of July had a beginning work-in-progress of $1,000,000. The company used $450,000 in direct materials; $750,000 in labor and applied factory overhead at 160% of direct labor. At the end of the period, the company had an ending work-in-progress of $1,500,000. Record necessary journal entries to record the (1) direct materials used, (2) direct labor used, (3) applied overhead and (4) the transfer of completed work-in-progress from molding department to finishing department. (15 Points)