meral Ledger Walters 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 $29,800 20,800 10,400 $36,200 18,400 9,200 135,800 86,600 221,200 152,000 $ 100,400 105,400 Finished (sold) Finished (unsold) In process Saved a. Raw Materials Inventory has a March 31 balance of $82,000. b. Raw materials purchases in April are $500,800, and total factory payroll cost in April is $367,400 c. Actual overhead costs incurred in April are indirect materials, $50,400, indirect labor, $23,400; factory rent, $32 utilities, $19,400; and factory equipment depreciation, $51,800. d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $600,000 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 < 2 3 4 5 6 7 11 > b. Record the direct materials used. re to search SION c C C < Prev 1 of 1