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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

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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, $163,200. 2. Direct material issued to Job \#4263 cost $131,040; indirect material issued for that job cost $9,968. Direct material costing $1,496 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 $12 per hour. 4. Other actual factory overhead costs incurred for the month totaled $54,960. This overhead consisted of $14,400 of supervisory salaries, $17,200 of depreciation charges, $5,760 of insurance, $10,000 of indirect labor, and $7,600 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 $14.40 per direct labor hour. Beginning balances of Raw Material Inventory and Work in Process Inventory were, respectively, $3,440 and $9,120,06 the beginning WIP balance, $640 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. $ 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 (i.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 use a negative sign with your

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