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. Pald 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. Pald $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 2 7.700 2 34,300 $29,190 54,330 Required: a. Prepare journal entries to record the transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Save & Exit Check m Journal entry worksheet Issued $1,350 of supplies from the materials inventory Note: Enter debits before credits General Journal Debit Credit Transaction 2 Record entry Clear entry View general Journal Journal entry worksheet Paid for the materials purchased in transaction (1) using cash. Note: Enter debits before credits Transaction General Journal Debit Credit 4 Record entry Clear entry View general Journal Journal entry worksheet Issued $14,700 in direct materials to the production department. Note: Enter debits before credits. General Journal Debit Transaction 5 Credit Record entry Clear entry View general Journal Journal entry worksheet Incurred direct labor costs of $25,500, which were credited to Wages Payable. Note: Enter debits before credits. Transaction General Journal Debit Credit 6 Record entry Clear entry View general Journal Journal entry worksheet Applied overhead on the basis of 120 percent of $25,500 direct labor costs. Note: Enter debits before credits. Transaction General Journal Debit Credit 8 Record entry Clear entry View general Journal Journal entry worksheet