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Miller Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of

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Miller Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $86,500. b. Raw materials purchases in April are $502,600, and total factory payroll cost in April is $377,300. c. Actual overhead costs incurred in April are indirect materials, $51,300; indirect labor, $24,300; factory rent, $33,300; factory utilities $20,300; and factory equipment depreciation, $53,600. 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. General Journal tab - Prepare joumal entries to record the transactions of Miler Company during the month of April. General Ledger tab - One of the advantages of general ledger software is that posting is done automatically. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab. Trial Balance tab - General ledger software also automates the preparation of trial balances. A trial balance lists each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits. Job Costs tab - Calculate the total cost, and account classification for each job worked on during April. Cost of Goods Manufactured tab - Prepare a schedule of cost of goods manufactured for Miller Company during the month of April. Gross Proft tab - Calculate the gross pront on the sale of job(s) during April. Miller Company shows the following costs for three jobs worked on in Aprit. Additional information a. Raw Materials inventory has a March 31 balance of $86,500 b. Row materials purchases in Aprit are $502,600, and total factory payroll cost in April is $377,300 c. Actual overhead costs incurred in April are indirect materials, $51,300, indirect labor, $24,300, factory rent, $39,300 faciory utilites, $20,300; and factory equipment depreciation, $53,600. 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. Prepare joumal entries for the month of Aprit' transactions. Journal entry worksheet Miller Company shows the following costs for three inht a. Raw Materials inventory has a March 31 balance of 585,500 , Utilities, $20,300; and factory equipmont deprociation, 553 . d. Predetermined over is sold for $620,000cash in April. Complete this question by entering your antwers in the tabs below, Prepare journal entries for the momth of April's transactions. 2 b. Record the direct materials used. 3. C. Record direct fabor used fand poid in cashy and assighed to Work in Process Inventecy. 4 d. Record the indirect materials used and assigned to Factory Overthead. 5 E. Pecord the indirect labor used (end paid in cash) and assigned to Fistory Dverthead. f. Pecord the overthead costs appled to Work in Process: inventary 7. 9. Fecord the actual other overhead costs ancurred. Note : 3 - journal entry has been entered Miller Company shows the following costs for three jobs worked on in April, Additional Information a. Raw Materials inventory has a March 31 balance of $86,500. b. Raw materials purchases in April are $502,600, and total factory payroll cost in April is $377,300. c. Actual overhead costs incurred in April are indirect materials, $51,300; indirect labo, $24,300; factory rent, $33,300; factory utilities, $20,300; and factory equipment depreciation, $53,600. 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 anowers in the tabs below. Prepare journal entries for the month of Apnit's transactions. Inventory. 7. 9. Recond the actual other overhead costs incurred. (Factory rent and utlitbes are paid in cash). 8 h. Record the transfer of 3065306 and 307 to Finished Goods Inventory. 2. Record the cost of goods sold for Job 306 . 10 J. Record the revenue from the sale of 306306 recelved in cash. 11k, Record the dose underapplied or overapplied overhead to the Cost of Goods Sold account: Note : - journal entry has been entered Miller Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $86,500. b. Raw materials purchases in April are $502,600, and total factory payroll cost in April is $377,300. c. Actual overhead costs incurred in April are indirect materials, $51,300; indirect labor, $24,300; factory rent, $33,300; factory utilities, $20,300; and factory equipment depreciation, $53,600. 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. 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 . Miller Company shows the following costs for three jobs worked on in Aprili. Additional Information a. Raw Materials Inventory has a March 31 balance of $86,500. b. Raw materials purchases in April are $502,600, and total factory payroll cost in April is $377,300. c. Actual overhead costs incurred in April are indirect materials, $51,300; indirect labor, $24,300; factory rent, $33,300; factory utilities, $20,300; and factory equipment depreciation, $53,600. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $620,000cash in ApriL. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured for Miller Company for the month of April. Miller Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials inventory has a March 31 balance of $86,500. b. Raw materials purchases in April are $502,600, and total factory payroll cost in April is $377,300. c. Actual overhead costs incurred in April are indirect materials, $51,300; indirect labor, $24,300; factory rent, $33,300; factory utilities, $20,300; and factory equipment depreciation, $53,600. 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. Select the accounts used in the calculation of gross profit. Enter the amount of gross praft for Miller Company for the month of April

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