Scompany shows the following costs for three jobs worked on in April Job sot 706 307 300 Daterials in March Dancinh) drach) Our $ 20,200 20.200 10.11 5.35,500 18,100 9.050 15.00 400 220,00 159.500 7 Finished (unsold $100,100 105,106 3 Tinh (sold) In process Additional information Materials inventory has March 31 balance of $80,500 baw materials purchase in April are $500,200, and total factory payroll cost in Aprilis 5364300 Clovethead costs incurred in Aprilare Indirect materials, $50,100 Indirect labor, 523100 factory rent $32.100 factory lines 3900 and factory equipment depreciation, 551200 demned overhead rate s 50% of direct labor cost bb 306 cold for 5590.000 cash in April Complete this question by entering your answers in the tabs below. General General Requirement Journal Ledger Trial Balance Cost of Goods Job Costs Mfg Gross Profit General Journal tab - Prepare journal entries to record the transactions of Smith Company during the month of April General Ledger tab - One of the advantages of general ledger software is that posting is done automatically. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab. Trial Balance tab General ledger software also automates the preparation of trial balances. A trial balance its each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits Job Costs tab Calculate the total cost, and account classification for each job worked on during April Cast of Goods Manufactured tab - Prepare a schedule of cost of goods manufactured for Smith Company during the month of April. Gross Profit tab - Calculate the gross profit on the sale of Job(s) during April General Journal > Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mig Gross Profit Prepare journal entries for the month of April's transactions. NO Doto April 30 Account Title 1 Crew Raw materials inventory Accounts payable Debit 500 200 500 200 Accounts receivable.net NO Debit Credit Dati Marchia No. Debit Credit Balance 452000 Date March 31 Balance 182.000 Ritorial inventory Dato Debit Credit March 31 April 30 500 200 No. Balance 30,500 580 700 Urocess inventory Date Debit Credit March 31 Balance 121950 Factory out Debit No Credit No. Date March 31 Balance 510,500 Accute factory equipment Date Debit Credit Balance March 31 153,500 sonyi Debit Credit No. Cannon stock value Date Debit Credit March 31 Balance 252.000 Balance 45.200 545,400 March 500 200 Rita Debit No. Credil o por common Credit Balance 152.000 Debit Date March 31 Balance T4 250 General Journal Trial Balance > Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Gross Profit Mfg Smith Company Trial Balance March 31, 2021 Credit S Dobit 452,000 182.000 500.700 121950 510 500 Account Title Cash Paccounts receivabli, net Raw materials inventory Work in process inventory Factory Equipment Accumulated depreciation Factory out Accounts payable Common stock. 55 par value Paldin capital in excess of par Common Retained earnings Total 153.500 545 400 252.000 152 000 744.250 1847. 150 1847 1503 Calculate the amount of overhead to be applied to each of the gobs worked on during April. Ther, using the drop-download which account in the ledger should include the fob's costs as of April 30, Job 306 Job 307 Jol 30 S 5 29 200 20 200 10.100 59.500 35 300 18,100 9,050 62.450 5 121 950 Beginning Work in Process (March costs) Dunct materials Direct labor Overhead applied Total Beginning Work in Process inventory Costs added in April Dited materials Direct labor Overhead applied Total costs added in April Total cost of jobs At the end of April indicate which account should include cach job's costs $ 5 135 200 85 400 220,300 150.500 100 100 105.100 155 600 341000 220,600 370 800 205 200 S 796 500 Cost of Goodsalg > Complete this question by entering your answers in the tabs below. Requirement General General Journal Trial Balance Job Costs Cost of Goods Gross Profit Ledger Mfo Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Smith Company for the month of April. 0 0 Gross profit Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mig Gross Profit Prepare journal entries for the month of April's transactions. NO Doto April 30 Account Title 1 Crew Raw materials inventory Accounts payable Debit 500 200 500 200 Accounts receivable.net NO Debit Credit Dati Marchia No. Debit Credit Balance 452000 Date March 31 Balance 182.000 Ritorial inventory Dato Debit Credit March 31 April 30 500 200 No. Balance 30,500 580 700 Urocess inventory Date Debit Credit March 31 Balance 121950 Factory out Debit No Credit No. Date March 31 Balance 510,500 Accute factory equipment Date Debit Credit Balance March 31 153,500 sonyi Debit Credit No. Cannon stock value Date Debit Credit March 31 Balance 252.000 Balance 45.200 545,400 March 500 200 Rita Debit No. Credil o por common Credit Balance 152.000 Debit Date March 31 Balance T4 250 General Journal Trial Balance > Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Gross Profit Mfg Smith Company Trial Balance March 31, 2021 Credit S Dobit 452,000 182.000 500.700 121950 510 500 Account Title Cash Paccounts receivabli, net Raw materials inventory Work in process inventory Factory Equipment Accumulated depreciation Factory out Accounts payable Common stock. 55 par value Paldin capital in excess of par Common Retained earnings Total 153.500 545 400 252.000 152 000 744.250 1847. 150 1847 1503 Calculate the amount of overhead to be applied to each of the gobs worked on during April. Ther, using the drop-download which account in the ledger should include the fob's costs as of April 30, Job 306 Job 307 Jol 30 S 5 29 200 20 200 10.100 59.500 35 300 18,100 9,050 62.450 5 121 950 Beginning Work in Process (March costs) Dunct materials Direct labor Overhead applied Total Beginning Work in Process inventory Costs added in April Dited materials Direct labor Overhead applied Total costs added in April Total cost of jobs At the end of April indicate which account should include cach job's costs $ 5 135 200 85 400 220,300 150.500 100 100 105.100 155 600 341000 220,600 370 800 205 200 S 796 500 Cost of Goodsalg > Complete this question by entering your answers in the tabs below. Requirement General General Journal Trial Balance Job Costs Cost of Goods Gross Profit Ledger Mfo Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Smith Company for the month of April. 0 0 Gross profit