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Business, 29.07.2020 21:01 zanaplen27

Starr Company reports the following information for August. Raw materials purchased on account $ 79,000 Direct materials used in production $ 53,600 Factory wages earned (direct labor) $ 21,650 Overhead rate 130 % 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.

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Starr Company reports the following information for August. Raw materials purchased on account $ 79,...
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