Walters Co.s March 31 inventory of raw materials is $100,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $415,000. Overhead costs incurred in April are: indirect materials, $87,000; indirect labor, $35,000; factory rent, $33,000; factory utilities, $27,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 60% of direct labor cost. Job 306 is sold for $710,000 cash in April. Costs of the three jobs worked on in April follow.

	Job 306				Job 307				Job 308
Balances on March 31
Direct materials		$	37,000			$	47,000
Direct labor			28,000				22,000
Applied overhead			16,800				13,200
Costs during April
Direct materials			143,000				232,000			$	108,000
Direct labor			101,000				170,000				109,000
Applied overhead			?				?				?
Status on April 30	Finished (sold)				Finished (unsold)					In process

a. Record the purchase of materials (on credit).

b. Record direct materials used in production.

c. Record direct labor paid and assigned to Work in Process Inventory.

d. Record indirect labor paid and assigned to Factory Overhead.

e. Record overhead costs applied to Work in Process Inventory.

f1. Record the cost of indirect materials used.

f2. Record the cost of factory utilities paid in cash.

f3. Record the depreciation on factory equipment.

f4. Record the cost of factory rent, paid in cash.

g. Record the transfer of Jobs 306 and 307 to Finished Goods Inventory.

h. Record the cost of goods sold for Job 306.

i. Record the revenue from the cash sale of Job 306.

j. Record the assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.)