The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm: 1. Purchased $18,500 of materials on account. 2. Issued $1,050 of supplies from the materials inventory. 3. Purchased $11,700 of materials on account. 4. Paid for the materials purchased in transaction (1) using cash. 5. Issued $14,100 in direct materials to the production department. 6. Incurred direct labor costs of $22,500, which were credited to Wages Payable. 7. Paid $21,700 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 8. Applied overhead on the basis of 120 percent of $22,500 direct labor costs. 9. Recognized depreciation on manufacturing property, plant, and equipment of $10,500. 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 $30,390 7,100 33,700 Ending ? ? $28,890 53,430 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.) 18,500 Materials inventory Accounts payable 18,500 Manufacturing overhead control 1,050 Materials inventory 0 1,050 Materials inventory 11,700 Accounts payable 0 11,700 18,500 Accounts payable Cash 0 0 18,500 Work-in-processdirect materials 14,100 Materials inventory 0 14,100 22,500 Work-in-processdirect labor Wages payable 0 22,500 21,700 Manufacturing overhead control Cash 21,700 27,000 Work-in-process-overhead Applied manufacturing overhead 27,000 Manufacturing overhead control 10,500 Accumulated depreciationproperty, plant and equipme 10,500 Beg. bal. Materials Inventory 30,390 18,500 1,050 11,700 14,100 Beg. bal. 5. 2. 5. Work-In-Process Inventory 7,100 14,100 22,500 27,000 Finished Goods 8. End. bal. 45,440 End. bal. 70.700 Manufacturing Overhead Control Applied Manufacturing Overhead Beg. bal. Beg. bal. 2. 27,000 8. 1,050 21,700 10,500 9. End. bal. 27,000 End. bal. 33,250 Accounts Payable Cash 0 Beg. bal. Beg. bal. 4. 18,500 4. 18,500 11,700 1. 3. 18,500 21,7007 End. bal. 11,700 End. bal. 40,200 Wages Payable Beg. bal. Accumulated Depreciation Property, Plant, and Equipment Beg. bal. 10,500 9. 22,500 6. End. bal. 22,500 End. bal. 10,500 Cost of Goods Sold Finished Goods Inventory 33,700 Beg. bal. Goods completed 28,890 Transfer to Cost of Goods Sold Beg. bal. Finished Goods Inventory End. bal. 52,430 X End. bal. 62,590 52,430