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

Additional Information

Raw Materials Inventory has a March 31 balance of $89,500.

Raw materials purchases in April are $503,800, and total factory payroll cost in April is $383,900.

Actual overhead costs incurred in April are indirect materials, $51,900; indirect labor, $24,900; factory rent, $33,900; factory utilities, $20,900; and factory equipment depreciation, $54,800.

Predetermined overhead rate is 50% of direct labor cost.

Job 306 is sold for $640,000 cash in April.

General Journal tab - Prepare journal entries to record the transactions of Sweet 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 lists 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.

Cost of Goods Manufactured tab - Prepare a schedule of cost of goods manufactured for Sweet Company during the month of April.

Gross Profit tab - Calculate the gross profit on the sale of job(s) during April.