The following events took place for a company during April of the current year:

Purchase of materials on account $$39505$

Transfer of direct materials into production $$20104$

Transfer of indirect materials into production $$4264$

Incurred and paid for direct labor $$15000$

Incurred and paid for indirect labor $$4231$

Applied factory overhead as a percentage of direct labor cost $61\%$

Transferred work in process to finished goods $$44509$

Incurred and paid for selling expenses $$28505$

Incurred and paid for administrative expenses $$16035$

Sold goods to customers for cash $$105890$

Cost of the goods sold to customers $($as recorded at time of sale$)$ $$35960$

The company's account balances $($all debits$)$ on March $31$ of the current year were:

Raw materials $$7207$

Work in process $$4584$

Finished goods $$10345$

Overhead $$2184$

The company follows standard procedures for recording journal entries of all inventory transactions. The company's account balances before closing overhead $[$enter values as positive numbers and indicate whether a debit or credit balance$]$ on April $30$ of the current year are:

Raw materials

$Answer for part $1$

debit balance

credit balance

Work in process

$Answer for part $3$

debit balance

credit balance

Finished goods

$Answer for part $5$

debit balance

credit balance

Overhead

$Answer for part $7$

debit balance

credit balance

Overhead is closed assuming the balance is immaterial.

Enter selected values from the Income Statement $($after closing Overhead$)$ for April for this company:

Cost of goods sold

$Answer for part $9$

Gross profit

$Answer for part $10$

Net income

$Answer for part $11$

minimum precision for all entries: ones place