Prepare journal entries for the month of April's transactions. View transaction list Journal entry worksheet 1 of 10 Prex w Next Saved Sanders Co.'s March 31 inventory of raw materials is $215,000. Raw materials purchases in April are $780,000, and factory payroll cost in April is $714,000. Overhead costs incurred in April are: indirect materials, $122,000; indirect labor, $104,000; factory rent, $123,000, factory utilities, $73,000; and factory equipment depreciation, $78,000. The predetermined overhead rate is 80% of direct labor cost. Job 306 is sold for $1,380,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 83,000 74,000 59,200 $116,000 45,000 36,000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 $154,000 132,000 189,000 193,000 ? Finished (sold) 301,000 285,000 ? Finished (unsold) In process Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Prepare journal entries for the month of April's transactions. View transaction list View journal entry worksheet .. No Account Title Debit Credit Date Apr 30 1 Raw materials inventory 780,000 780,000 View transaction list Journal entry worksheet Prey 1 of 10 Next > Journal entry worksheet Prex 1 of 10 Next View transaction list Journal entry worksheet Prex 1 of 10 Next View transaction list Journal entry worksheet Prey 1 of 10 Next >