GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Clark 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 307 Job 308 $ 31,800 22,800 11,400 $ 39,200 19,400 9,700 137,800 90,600 ? Finished (sold) 224,200 157,000 ? $ 101,400 106,400 ? Finished (unsold) In process a. Raw Materials Inventory has a March 31 balance of $87,000. b. Raw materials purchases in April are $502,800, and total factory payroll cost in April is $378,400. c. Actual overhead costs incurred in April are indirect materials, $51,400; indirect labor, $24,400; factory rent, $33,400; factory utilities, $20,400; and factory equipment depreciation, $53,800. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $620,000 cash in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $87,000. b. Raw materials purchases in April are $502,800, and total factory payroll cost in April is $378,400. c. Actual overhead costs incurred in April are indirect materials, $51,400; indirect labor, $24,400; factory rent, $33,400; factory utilities, $20,400; and factory equipment depreciation, $53,800. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $620,000 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 journal entries for the month of April's transactions. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8. 11 >