a. Materials purchases (on credit). b. Direct materials used in production. c. Direct labor paid and assigned to Work in Process Inventory. d. Indirect labor paid and assigned to Factory Overhead. e. Overhead costs applied to Work in Process Inventory. f. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash.) g. Transfer of Jobs 306 and 307 to Finished Goods Inventory. h. Cost of goods sold for Job 306. i. Revenue from the sale of Job 306. j. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.) 2. Prepare journal entries for the month of April to record the above transactions. Journal entry worksheet Record the entry for Materials purchases (on credit). Journal entry worksheet Record the Direct labor paid and assigned to Work in Process Inventory. Journal entry worksheet Record the indirect labor paid and assigned to Factory Overhead. Note. Enter debits before credits Journal entry worksheet Record the cost of indirect materials used. Journal entry worksheet Record the cost of factory utilities, paid in cash. Journal entry worksheet Record the entry for transfer of Jobs 306 and 307 to Finished Goods Inventory. Journal entry worksheet Record the revenue from the sale of Job 306. Journal entry worksheet 1 ..... 6 7 8 9 10 11 12 13 Record the entry for assignment of any underapplied or overapplied overhead to the Cost of Goods Sold