The Polaris Company uses a job-order costing system. The following data relate to October, the first month of the company's fiscal year a. Raw materials purchased on account, $210,000 b. Raw materials issued to production, $190,000 ($178,000 direct materials and $12,000 indirect materials) C. Direct labor cost incurred, $90,000; indirect labor cost incurred, $110,000 d. Depreciation recorded on factory equipment, $40,000 e. Other manufacturing overhead costs incurred during October, $70,000 (credit Accounts Payable) f. The company applies manufacturing overhead cost to production on the basis of $8 per machine-hour. A total of 30,000 machine-hours were recorded for October and transferred to Finished Goods customers during the month. These goods were sold on account at 25% above cost. g. Production orders costing $520,000 according to their job cost sheets were completed during October h. Production orders that had cost $480,000 to complete according to their job cost sheets were shipped to Required: 1. Prepare journal entries to record the information given above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)