1 12.5 points 02:15:35 cBook Hint Print References Starr Company reports the following information for August. Raw mater

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1 12 5 Points 02 15 35 Cbook Hint Print References Starr Company Reports The Following Information For August Raw Mater 1 (19.23 KiB) Viewed 4 times

1 12.5 points 02:15:35 cBook Hint Print References Starr Company reports the following information for August. Raw materials purchased on account Direct materials used in production Factory wages earned (direct labor) Overhead rate: View transaction list 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. Journal entry worksheet A B CD $87,800 $55,800 $20,300 Record raw materials purchased on account. 125% of direct labor cost