Prepare Journal entries for the month of April to record the abovetransactions.1. Materials purchases (on credit).2. Direct materials used in production3. Direct labor paid and assignment to work Aarcelino Co.s March 31 inventory of raw materials is \( \$ 83,000 \). Raw naterials purchases in April are \( \$ 520,000 \), and factory payroll cost in Apri is \( \$ 388,000 \). Overhead costs incur 4 answers