The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm: 1. Purchased $22,000 of materials on account. 2 Issued $1,400 of supplies from the materials inventory a Purchased $12,400 of materials on account. Paid for the materials purchased in transaction (1) using cash. s Issued $14,800 in direct materials to the production department. 6 Incurred direct labor costs of $26,000, which were credited to Wages Payable . Paid $22,400 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. a Applied overhead on the basis of 125 percent of $26,000 direct labor costs. a Recognized depreciation on manufacturing property, plant, and equipment of $11,200 The following balances appeared in the accounts of Steve's Cabinets for April: Beginning Ending Materials Inveniory 31,440 Finished Goods leventory 4,400 29.240 4,480 of Goods Sold 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.) 22.000 1400 Materials inventory 2.400 Accounts payable Wages payable 22. Applied manufacturing overhead 32, b. Prepare T-accounts to show the flow of costs during the period from Materials