3-25 Exercise 3-25 Recording cost flows In a process cost system LO P1, P2, P3, P4 Lay lumber prod aoes bagper bosk for ies in landscaging Prodiction mokea porcknging bork chies in plente begs in a bogging Iimovtes packnging beark cthips in plasic begs in a boggineg department The following information describes production operations for October 5 238,000 6 43,000 Pradatarminod overhead rate (based on diroct laboE) 1104 6(205,00a) company's revenue for the month totaled $450,000 from credit sales, and its cost of goods sold for the month is $244,000 Prepare summary journal entries dsted October 31 to record its October production activities for () direct materials usage, (2) direct labor incurred (B) overhend allocation. (4) goods transfer from production to finished goods, and (5) credit soles. View tansaction iist Journal entry worksheet Record diect mateniais used in production Dats General Journat Debit Credit Vlew general jourrial