Selected information from Skylar Studios shows the following: Raw materials purchased $6,000 Direct materials $1,000 Direct labor $12,000 Factory depreciation $1,000 Total manufacturing overhead incurred $15,500 Machine hours per month 29,000 Unit cost for material $3 Unit cost of conversion $9 Number of units transferred 14,000 If an amount box does not require an entry, leave it blank. A. Prepare journal entry to record the raw material purchased. B. Prepare journal entry to record direct labor incurred. 288 C. Prepare journal entry to record depreciation expense (hint: this is part of manufacturing overhead). D. Prepare journal entry to record raw materials used. E. Prepare journal entry to record overhead applied on the basis of $0.50 per machine hour. F. Prepare journal entry to record the transfer from department 1 to department 2. 88