Barker Products is a job shop. The following events occurred in September: 1. Purchased $13,800 of materials on account. 2. Issued $15,300 in direct materials to the production department. 3. Purchased $11,800 of materials on account. 4. Issued $940 of supplies from the materials inventory. 5. Paid for the materials purchased in transaction (1). 6. Paid $20,000 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 7. Incurred direct labor costs of $23,600, which were credited to Wages Payable. 8. Issued $1,340 of supplies from the materials inventory. 9. Applied overhead on the basis of 85 percent of $23,600 direct labor costs. 10. Recognized depreciation on manufacturing property, plant, and equipment of $12,400. The following balances appeared in the accounts of Barker Products for September: Required: a. Prepare journal entries to record the transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Prepare journal entries to record the transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Materials Inventory } \\ \hline Debit & & \multicolumn{2}{|c|}{ Credit } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Endinning balance balance & & & \\ \hline \end{tabular} Barker Products is a job shop. The following events occurred in September: 1. Purchased $13,800 of materials on account. 2. Issued $15,300 in direct materials to the production department. 3. Purchased $11,800 of materials on account. 4. Issued $940 of supplies from the materials inventory. 5. Paid for the materials purchased in transaction (1). 6. Paid $20,000 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 7. Incurred direct labor costs of $23,600, which were credited to Wages Payable. 8. Issued $1,340 of supplies from the materials inventory. 9. Applied overhead on the basis of 85 percent of $23,600 direct labor costs. 10. Recognized depreciation on manufacturing property, plant, and equipment of $12,400. The following balances appeared in the accounts of Barker Products for September: Required: a. Prepare journal entries to record the transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Prepare journal entries to record the transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Materials Inventory } \\ \hline Debit & & \multicolumn{2}{|c|}{ Credit } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Endinning balance balance & & & \\ \hline \end{tabular}