The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm 1. Purchased $18,000 of materials on account. 2. Issued $1,000 of supplies from the materials inventory 3. Purchased $11,600 of materials on account. 4. Paid for the materials purchased in transaction (1) using cash 5. Issued $14,000 in direct materials to the production department. 6. Incurred direct labor costs of $22,000, which were credited to Wages Payable 7. Paid $21,600 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 8. Applied overhead on the basis of 135 percent of $22,000 direct labor costs. 9. Recognized depreciation on manufacturing property, plant, and equipment of $10,400 The following balances appeared in the accounts of Steve's Cabinets for April Beginning Ending Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold $30,240 7,000 33,600 $28,840 53,280 Required a. Prepare journal entries to record the transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transactions General Journal Debit Credit Materials inventory 18,000 Accounts payable 18,000 2 2 Manufacturing overhead control 1,000 Materials inventory 1,000 Materials inventory 11,600 Accounts payable 11,600 4 Accounts payable 18,000 Cash 18,000 Work-in-process-direct materials 4,000 Materials inventory 4,000 Work-in-process-direct labor 22,000 Wages payable 22,000 Manufacturing overhead control 21,600 b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold