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Journal entries Nottaway Flooring produces custom-made floor tiles. The company's Raw Material Inventory account contains both direct and indirect materials. Until the end of April,

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Journal entries Nottaway Flooring produces custom-made floor tiles. The company's Raw Material Inventory account contains both direct and indirect materials. Until the end of April, the company worked solely on a large job (\#4263) for a major client. Near the end of the month, Nottaway began Job \#4264. The following information was obtained relating to April production operations. 1. Raw material purchased on account, $489,600. 2. Direct material issued to Job #4263 cost $393,120; indirect material issued for that job cost $29,904. Direct material costing $4,488 was issued to start production of Job \#4264. 3. Direct labor hours worked on Job \#4263 were 3,600. Direct labor hours for Job \#4264 were 120 . All direct labor employees were paid $36 per hour. 4. Other actual factory overhead costs incurred for the month totaled $164,880. This overhead consisted of $43,200 of supervisory salaries, $51,600 of depreciation charges, $17,280 of insurance, $30,000 of indirect labor, and $22,800 of utilities, Salaries, insurance, and utilities were paid in cash, and indirect labor charges were accrued. 5. Overhead is applied to production at the rate of $43.20 per direct labor hour. Beginning balances of Raw Material Inventory and Work in Process Inventory here, respectively, $10,320 and $27,360. Of the beginning WIP balance, $1,920 was related to Job #4263. Job #4263 was completed during April. a. Prepare journal entries for Transactions 1-5. Note: List any multiple debits or any multiple credits in alphabetical order by account name. b. Determine the balance in Raw Material Inventory at the end of the month. $ c. Determine the balance in Work in Process Inventory at the end of the month. 5 d. Determine the cost of the goods manufactured during April. e. If completed goods consist of 10,000 similar units, what was the cost per unit? Note: Round unit costs to two decimal places (1.e. round $4.355 to $4.36 ). f. What is the amount of underapplied or overapplied overhead at the end of April? Note: Do not

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