Question: Starr Company reports the following information for August. Raw materials purchases on $76,200 account Direct materials used in production $48,000 Factory wages earned (direct $15,350 labor) Overhead rate Required: 120% of direct labor cost Prepare journal entries to record the following events. 1. Raw material purchased. 2. Direct materials used in production. 3. Direct labor used in production. 4. Applied overhead

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