The following transactions occurred in April at Steves Cabinets, a custom cabinet firm:

1. Purchased $25,500 of materials on account.

2. Issued $1,750 of supplies from the materials inventory.

3. Purchased $13,100 of materials on account.

4. Paid for the materials purchased in transaction (1) using cash.

5. Issued $15,500 in direct materials to the production department.

6. Incurred direct labor costs of $29,500, which were credited to Wages Payable.

7. Paid $23,100 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant.

8. Applied overhead on the basis of 130 percent of $29,500 direct labor costs.

9. Recognized depreciation on manufacturing property, plant, and equipment of $11,900.

The following balances appeared in the accounts of Steves Cabinets for April:

	Beginning			Ending
Materials Inventory	$	32,490			?
Work-in-Process Inventory		8,500			?
Finished Goods Inventory		35,100		$	29,590
Cost of Goods Sold					55,530

b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold.

Material Inventory

Work-in-process

Manufacturing Overhead Control

Applied overhead

Accounts payable

Cash

Wages payable

Accumulated Depreciation- Property, Plant, and Equipment

Finished Goods Inventory

Cost of goods sold