The following transactions occurred during the month of April for Nelson Company:

Apr.	1	Purchased materials costing $4,610 on account.
	3	Requisitioned materials totaling $4,800 for use in production, $3,170 for Job 518 and the remainder for Job 519.
	14	Recorded 65 hours of direct labor on Job 518 and 90 hours on Job 519 for the month. Direct laborers are paid at the rate of $14 per hour.
	15	Applied overhead using a plantwide rate of $6.20 per direct labor hour.
	25	Incurred and paid in cash actual overhead for the month of $973.
	27	Completed and transferred Job 518 to Finished Goods.
	30	Sold on account Job 517, which had been completed and transferred to Finished Goods in March, for cost ($2,770) plus 25%. (Enter this as two transactions.)

Required:

1.

Prepare journal entries for transactions from April 1 through 25.

2.

(a) Prepare job-order cost sheets for Jobs 518 and 519. (b) Prepare journal entries for transactions on April 27 and 30.

3.

Prepare a schedule of cost of goods manufactured for April. Assume that the beginning balance in the raw materials account was $1,025 and that the beginning balance in the work-in-process account was zero.

Prepare a schedule of cost of goods manufactured for April. Assume that the beginning balance in the raw materials account was $1,025 and that the beginning balance in the work-in-process account was zero.

Use the following amount descriptions

Amount Descriptions
Add: Beginning work in process
Add: Ending work in process
Add: Overapplied overhead
Add: Underapplied overhead
Beginning raw materials inventory
Cost of goods manufactured
Current manufacturing costs
Direct labor
Ending raw materials
Less: Beginning work in process
Less: Ending work in process
Less: Overapplied overhead
Less: Underapplied overhead
Overhead
Overhead applied
Purchases of raw materials
Raw materials used
Total
Total manufacturing costs
Total raw materials available