Starr Company reports the following information for August.

Raw materials purchased on account $ $83,400$

Direct materials used in production $ $54,000$

Factory wages earned $($direct labor$)$ $ $17,600$

Overhead rate $125\%$ of direct labor cost

Prepare journal entries to record the following events.

Raw materials purchased.

Direct materials used in production.

Direct labor used in production.

Applied overhead.