Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $600,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor, $24,000; factory rent, $33,000; factory utilities, $19,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $645,000 cash in April. Costs of the three jobs worked on in April follow.

	Job 306				Job 307				Job 308
Balances on March 31
Direct materials		$	29,000			$	45,000
Direct labor			24,000				18,000
Applied overhead			12,000				9,000
Costs during April
Direct materials			134,000				215,000			$	105,000
Direct labor			102,000				154,000				101,000
Applied overhead			?				?				?
Status on April 30	Finished (sold)				Finished (unsold)					In process

• Record the entry for Materials purchases (on credit).

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
a.

• Record the direct materials used in production.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
b.

• Record the Direct labor paid and assigned to Work in Process Inventory.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
c.

• Record the indirect labor paid and assigned to Factory Overhead.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
d.

• Record the entry for Overhead costs applied to Work in Process Inventory.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
e.

• Record the cost of indirect materials used.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
f(1).

• Record the cost of factory utilities, paid in cash.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
f(2).

• Record depreciation on factory equipment.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
f(3).

• Record depreciation on factory equipment.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
f(3).