An example of a fixed cost is:

a. Raw materials

b. Production wages

c. Factory rent

d. Transport and distribution cost

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Sonia DhawanLv10

2 Nov 2020

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Starr Company reports the following information for August. Raw materials purchased on account $ 76,200 Direct materials used in production $ 48,000 Factory wages earned (direct labor) $ 15,350 Overhead rate 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.