Problem 3. (5pts) Monson Company completed the following transactions with respect to its manufacturing operations during April 2012: a. Materials costing $146,000 and indirect materials costing $17,800 were purchased on account. Assume indirect materials were debited to materials. b. A total of $71,000 of materials was requisitioned to the factory for manufacturing operations conducted during April. c. Manufacturing payroll for the month consisted of 2,000 hours of direct labor and 500 hours of indirect labor, both at $15 per hour. d. Indirect materials costing $8,000 were requisitioned. e. Depreciation on the factory building and equipment was $15,000. f. Miscellaneous factory overhead expenses totaled $6,600 for April. g. Factory overhead cost was applied to work in process at the rate of 150 percent of direct labor costs. h. Units of product with a total manufacturing cost of $85,000 were completed and transferred to the finished goods warehouse. i. Finished goods costing $51,000 were sold during April for $78,000. Prepare joumal entries for each of the transactions that occurred during April 2012. Problem 4. (3pts) Groupe Corporation manufactures a product in a two-stage production process (Department A and Department B). The following data is given for Department A for November: Problem 3. (5pts) Monson Company completed the following transactions with respect to its manufacturing operations during April 2012: a. Materials costing $146,000 and indirect materials costing $17,800 were purchased on account. Assume indirect materials were debited to materials. b. A total of $71,000 of materials was requisitioned to the factory for manufacturing operations conducted during April. c. Manufacturing payroll for the month consisted of 2,000 hours of direct labor and 500 hours of indirect labor, both at $15 per hour. d. Indirect materials costing $8,000 were requisitioned. e. Depreciation on the factory building and equipment was $15,000. f. Miscellaneous factory overhead expenses totaled $6,600 for April. g. Factory overhead cost was applied to work in process at the rate of 150 percent of direct labor costs. h. Units of product with a total manufacturing cost of $85,000 were completed and transferred to the finished goods warehouse. i. Finished goods costing $51,000 were sold during April for $78,000. Prepare joumal entries for each of the transactions that occurred during April 2012. Problem 4. (3pts) Groupe Corporation manufactures a product in a two-stage production process (Department A and Department B). The following data is given for Department A for November