Fisher Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 388 Balances on March 31 Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Direct materials (in March) $ 34,800 25,800 12,900 $ 43,700 20,900 10,450 140,800 96,600 ? 228,700 164,500 ? $ 102,900 107,900 ? Status on April 30 Additional Information Finished (sold) Finished (unsold) In process 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. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Gross Profit Mfg Prepare journal entries for the month of April's transactions. View transaction list Journal entry worksheet > 12 3 4 5 6 7 8 11 a. Record the purchase of materials (on credit). Note: Enter debits before credits. Date April 30 Account Title Debit Credit Fisher Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead $ 34,800 25,800 12,900 $ 43,700 20,900 10,450 140,800 Status on April 30 Additional Information 96,600 ? Finished (sold) 228,700 164,500 Finished (unsold) $ 102,900 107,900 ? In process 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. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Gross Profit Mfg Calculate the amount of overhead to be applied to each of the jobs worked on during April. Then, using the drop-downs, indicate which account in the ledger should include the job's costs as of April 30. Job 306 Job 307 Job 308 April Total Beginning Work in Process (March costs) Direct materials $ 34,800 $ 43,700 Direct labor 25,800 20,900 Overhead applied 12,900 10,450 Total Beginning Work in Process inventory 73,500 75,050 $ 148,550 Costs added in April Direct materials Direct labor $ 140,800 $ 228,700 102,900 96,600 164,500 107,900 472,400 369,000 Overhead applied Total costs added in April Total cost of jobs At the end of April, indicate which account should include each job's costs. < Trial Balance Cost of Goods Mfg > GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Fisher Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information Job 386 Job 307 Job 308 $ 34,800 25,800 12,900 $ 43,700 20,900 10,450 140,800 96,600 ? 228,700 164,500 ? $ 102,900 107,900 ? Finished (sold) Finished (unsold) In process . 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. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Prepare a schedule of cost of goods manufactured for Fisher Company for the month of April. FISHER COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs added during April Total cost of work in process < Job Costs Gross Profit > GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Fisher Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials (in March) Direct labor (in March). Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information Job 306 Job 387 Job 308 $ 34,800 25,800 12,900 $ 43,700 20,900 10,450 140,800 96,600 ? 228,700 164,500 $ 102,900 107,900 ? Finished Finished In process (sold) (unsold) . 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. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Fisher Company for the month of April. Gross profit < Cost of Goods Mfg Gross Profit >