The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm 1. Purchased $20,500 of materials on account 2. Issued $1.250 of supplies from the materials inventory 3. Purchased $12,100 of materials on account. 4. Paid for the materials purchased in transaction () using cash 5. Issued $14,500 in direct materials to the production department 6. Incurred direct labor costs of $24.500, which were credited to Wages Payable. 7. Paid $22.900 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant B. Applied overhead on the basis of 125 percent of $24,500 direct labor costs 9. Recognized depreciation on manufacturing property, plant, and equipment of $10,900 The following balances appeared in the accounts of Steve's Cabinets for Apr Beginning in Materials inventory 830.990 Work-ross Teventory 7,500 Finished Goods Inventory 34,100 29,090 Coat of Goods sold 56.030 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 Complete this question by entering your answers in the tabs below. Required A Required B nyentasy through cost of Goods Sold Prepare T-accounts to show the flow of costs during the period from Materials Inventory through cost of Goods Sold Materials inventory Work in Process Inventory Begbal 30.990 Beg bal 1 20,500 1.2502 6 Finished Goods 12,100 14,5006 6 End, bal 47,840 This is a numeric coll, so please enter numbers only. End. Manufacturing Overhead Control Applied Manufacturing Overhead Beg bal Beg bat a End, bal 0 End bal 0 Accounts Payable Cash Beg, bal Beg tal End. bal 0 End, bal Wages Payable Accumulated Dopreciation Property. Plant, and Equipment Beg bal Beg bat 8 End, bat End, bal Accounts Payable Cash Bog, bal Beg bal 4 17 End, bal End, bal Wages Payable Accumulated Depreciation Property, Plant, and Equipment Beg bal Bog, bal To 0 End, bal End, bal 0 Finished Goods Inventory Cost of Goods Sold Bg, bal Goods completed End, bal Transfer to Cost of Goods Sold Beg, bat. Finished Goods Inventory End, bal 0 0