Question: need help with A B C D Exercise 02-4 Recording product costs LO P1, P2, P3 Starr Company reports the following information for August. Raw




Exercise 02-4 Recording product costs LO P1, P2, P3 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 $ 79,400 $49,800 $ 17,750 120% of direct labor cost 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. View transaction list Journal entry worksheet Journal entry worksheet > Record the entry to assign direct materials to jobs. Note: Enter debits before credits General Journal Debit Credit Transaction 2. Record entry Clear entry View general journal Journal entry worksheet Record the entry to assign direct labor to jobs. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal Journal entry worksheet Record the application of overhead to work in process. Note: Enter debits before credits. Transaction General Journal Debit Credit 4 Record entry Clear entry View general journal
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