a. Record the purchase of materials (on credit).

b. Record the direct materials used.

c. Record direct labor used (and paid in cash) and assigned to Work in Process Inventory.

d. Record the indirect materials used and assigned to Factory Overhead.

e. Record the indirect labor used (and paid in cash) and assigned to Factory Overhead.

f. Record the overhead costs applied to Work in Process Inventory.

g. Record the actual other overhead costs incurred. (Factory rent and utilities are paid in cash.)

h. Record the transfer of Jobs 306 and 307 to Finished Goods Inventory.

i. Record the cost of goods sold for Job 306.

j. Record the revenue from the sale of Job 306 received in cash.

k. Record the close underapplied or overapplied overhead to the Cost of Goods Sold account.

Fisher Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $94,500. b. Raw materials purchases in April are $505,800, and total factory payroll cost in April is $394,900. c. Actual overhead costs incurred in April are indirect materials, $52,900; indirect labor, $25,900; factory rent, $34,900; factory utilities, $21,900; and factory equipment depreciation, $56,800. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $660,000 cash in April. Complete this question by entering your answers in the tabs below. Prepare journal entries for the month of April's transactions. Calculate the amount of overhead to be applied to each of the jobs worked on during April. Then, using the drop-downs which account in the ledger should include the job's costs as of April 30. Prepare a schedule of cost of goods manufactured for Fisher Company for the month of April. Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Fisher Company for the month of April