Perry Company shows the following costs for three jobs worked on in April.

$-$ Job $306-$ Job $307-$ Job $308$

Balances on March $31$

Direct materials $($in March$)-$ $ $31,400-$ $ $38,600$

Direct labor $($in March$)-22,400-19,200$

Applied overhead $($March$)-11,200-9,600$

Costs during April

Direct materials $-137,400-223,600-$ $ $101,200$

Direct labor $-89,800-156,000-106,200$

Applied overhead $-?-?-?$

Status on April $30-$ Finished $($sold$)-$ Finished $($unsold$)-$ In process

Additional Information

$(($a$.$ Raw Materials Inventory has a March $31$ balance of $$86,000.$

b$.$ Raw materials purchases in April are $$502,400,$ and total factory payroll cost in April is $$376,200.$

c$.$ Actual overhead costs incurred in April are indirect materials, $$51,200$; indirect labor, $$24,200$; factory rent, $$33,200$; factory utilities, $$20,200$; and factory equipment depreciation, $$53,400.$

d$.$ Predetermined overhead rate is $50\%$ of direct labor cost.

e$.$ Job $306$ is sold for $$620,000$ cash in April.$))$

Task$***$These are the journal entries I have so far. Help me find the answers to $8,9.$ and $11.$ Using the data above$***$

No Date Account Title Debit Credit

$1$ a$.$ Record the purchase of materials $($on credit$).$

April $30$ Raw materials inventory $502,400$

Accounts payable $502,400$

$2$ b$.$ Record the direct materials used.

April $30$ Work in process inventory $462,200$

Raw materials inventory $462,200$

$3$ c$.$ Record direct labor used $($and paid in cash$)$ and assigned to Work in Process Inventory.

April $30$ Work in process inventory $352,000$

Cash $352,000$

$4$ d$.$ Record the indirect materials used and assigned to Factory Overhead.

April $30$ Factory overhead $51,200$

Raw materials inventory $51,200$

$5$ e$.$ Record the indirect labor used $($and paid in cash$)$ and assigned to Factory Overhead.

April $30$ Factory overhead $24,200$

Cash $24,200$

$6$ f$.$ Record the overhead costs applied to Work in Process Inventory.

April $30$ Work in process inventory $176,000$

Factory overhead $176,000$

$7$ g$.$ Record the actual other overhead costs incurred. $($Factory rent and utilities are paid in cash.$)$

April $30$ Factory overhead $106,800$

Cash $53,400$

Accumulated depreciation $-$ Factory equipment $53,400$

$*8$ h$.$ Record the transfer of Jobs $306$ and $307$ to Finished Goods Inventory.

April $30$ Finished goods inventory

Work in process inventory

$*9$ i$.$ Record the cost of goods sold for Job $306.$

April $30$ Cost of goods sold

Finished goods inventory

$10$ j$.$ Record the revenue from the sale of Job $306$ received in cash.

April $30$ Cash $620,000$

Sales $620,000$

$11$ k$.$ Record the close underapplied or overapplied overhead to the Cost of Goods Sold account.

April $30$ Cost of goods sold

Factory overheadGL$0201($Algo$)-$ Based on Problem $2-2$A LO P$1,$ P$2,$ P$3,$ P$4$

Perry Company shows the following costs for three jobs worked on in April.

Additional Information

a$.$ Raw Materials Inventory has a March $31$ balance of $$86,000.$

b$.$ Raw materials purchases in April are $$502,400,$ and total factory payroll cost in April is $$376,200.$

c$.$ Actual overhead costs incurred in April are indirect materials, $$51,200$; indirect labor, $$24,200$; factory rent,

$$33,200$; factory utilities, $$20,200$; and factory equipment depreciation, $$53,400.$

d$.$ Predetermined overhead rate is $50\%$ of direct labor cost.

e$.$ Job $306$ is sold for $$620,000$ cash in April.