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, $211,000. b. Raw materials issued to production, $191,000 ($152,800 direct materials and $38,200 indirect materials). c. Direct labor cost incurred, $49,000; indirect labor cost incurred, $20,000 d. Depreciation recorded on factory equipment, $104,000 e. Other manufacturing overhead costs incurred during October, $130,000 (credit Accounts Payable) f. The company applies manufacturing overhead cost to production on the basis of $8 per machine-hour. A total of 76,100 machine-hours were recorded for October g. Production orders costing $514,000 according to their job cost sheets were completed during october and transferred to Finished Goods. h. Production orders that had cost $452,000 to complete according fo their job cost sheets were shipped to customers during the month. These goods were sold on account at 38% above cost. Required: 1. Prepare jounal entries to reoord the information given above. (If no entry is required for a transaction/event, solect "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 6 Raw materials purchased on account, $211,000. Note: Enter debits before credits. Transaction General Journal Debit Credit a