The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm. 1. Purchased $21,500 of materials on account. 2. Issued $1,350 of supplies from the materials inventory. 3. Purchased $12,300 of materials on account. 4. Paid for the materials purchased in transaction (1) using cash. 5. Issued $14,700 in direct materials to the production department. 6. Incurred direct labor costs of $25,500, which were credited to Wages Payable. 7. Paid $22,300 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 8. Applied overhead on the basis of 120 percent of $25,500 direct labor costs. 9. Recognized depreciation on manufacturing property, plant, and equipment of $11,100. The following balances appeared in the accounts of Steve's Cabinets for April. Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold Beginning Ending $31,290 ? 7,700 ? 34,300 $29,190 54,330