On April 1, Dudley, Inc had the following balances in its inventory accounts: Raw Materials $ 12,730 Work-in-process 21,340 Finished goods 8,700 Work-in-process inventory is made up of three jobs with the following costs: Job Cost Sheets Direct Material Direct Labor Applied Overhead Total Job No: 114 4/1/2016 $ 2,411 $ 1,800 $ 1,170 $ 5,381 Job No: 115 4/1/2016 2,640 1,560 1,014 5,214 Job No: 116 4/1/2016 3,650 4,300 2,795 10,745 Work-in-Process, 4/1/2016 $ 8,701 $ 7,660 $ 4,979 $ 21,340 During April, Dudley experienced the transactions listed below. a. Materials purchased on account, $29,000. b. Materials were transferred to production, direct labor was incurred to produce jobs: Direct Material Direct Labor Job No: 114 $ 16,500 $ 1,800 Job No: 115 12,200 3,080 Job No: 116 5,000 1,440 c. Overhead was applied based on 65% of direct labor cost. d. Actual overhead was $4,415 (Credit "Various Accounts") e. Job No 115 was completed and transferred to the finished goods warehouse f. Job No. 115 was sold, and the customer was billed $28,120 Required: Note: Use the Job Cost Sheets listed below to summarize the costs for each job. The cost for each job should include beginning balances plus costs added in April. 1. Prepare jourrnal entries for the April transactions. 2. Calculate the ending balances of each of the inventory accounts as of April 30.