Question
Drake Company shows the following costs for three jobs worked on in Apel Balances on March 31 Direct saterials (in March Direct labor (in
Drake Company shows the following costs for three jobs worked on in Apel Balances on March 31 Direct saterials (in March Direct labor (in Purch) Applied verhead (March) Casts during April. Direct materials Direct later Applied overhaad Status on April 3 Additional Information 346 347 $42,2 24,900 Finished (s) Finished (i) e. Raw Materials Inventory has a March 31 balence of $92.000 b. Rew materials purchases in April are $504,800 and total factory payroll cost in April is $389,400 c. Actual overhead costs incurred in April are indirect materials, $52.400 indirect labor $25,400, factory rent, $34,400, fact utities $21.400, and factory equipment depreciation, $55,800 d. Predetermined overhead rate is 50% of direct labor cost e. Job 30 is sold for $650000 cesh in April Complete this question by entering your answers in the tabs below. General Journal Prepare journal entres for the month of April's transactions Cost of Goods Grow Pr View transaction is View journal entry worksheet No Cate Account Tie Deb Credit Apr 30 Raw materia inventory 004 800 504900 12 Apr 30 Work in process inventory Raw materials veniaty ataco 400 400 S S N N 3 Ap Work in process eventory Cash 364,000 364000 4 Apr 30 Factory overheat $2,400 Raw mata veroty $2,400 $ Apr 30 Fadory overhead Cash 25,400 25.400 Apri Work in process ventory 7 Factory overtica 7 20 Factory overhead Cash Accumulated depreciation Factory equpent B Apr 30 Fished goods inventory Work in process inventory D A30 Cast of goods sout Fenhed goods ar Apr 30 Ca bakes 7 Apk 00 Cost of goods so
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