ces Callahan Company shows the following costs for three jobs worked on in April. Balances on...

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ces Callahan Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Job 306 $ 32,400 23,400 11,700 138,400 91,800 ? Finished (sold) Requirement Job 307 $ 40,100 19,700 9,850 225,100 158,500 2 Finished. (unsold) General Journal General Ledger Prepare journal entries for the month of April's transactions. Job 308 Additional Information a. Raw Materials Inventory has a March 31 balance of $88,500. b. Raw materials purchases in April are $503,400, and total factory payroll cost in April is $381,700. c. Actual overhead costs incurred in April are indirect materials, $51,700; indirect labor, $24,700; factory rent, $33,700; factory utilities, $20,700; and factory equipment depreciation, $54,400. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $630,000 cash in April. $ 101,700 106,700 Complete this question by entering your answers in the tabs below. Trial Balance Job Costs In process Cost of Goods Mfg Gross Profit Journal entry worksheet < 1 2 Date April 30 3 Note: Enter debits before credits. Record entry 4 a. Record the purchase of materials (on credit). 5 Account Title 6 7 Clear entry 8 Debit ***** 11 Credit View general journal ces Callahan Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Job 306 $ 32,400 23,400 11,700 138,400 91,800 ? Finished (sold) Requirement Job 307 $ 40,100 19,700 9,850 225,100 158,500 2 Finished. (unsold) General Journal General Ledger Prepare journal entries for the month of April's transactions. Job 308 Additional Information a. Raw Materials Inventory has a March 31 balance of $88,500. b. Raw materials purchases in April are $503,400, and total factory payroll cost in April is $381,700. c. Actual overhead costs incurred in April are indirect materials, $51,700; indirect labor, $24,700; factory rent, $33,700; factory utilities, $20,700; and factory equipment depreciation, $54,400. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $630,000 cash in April. $ 101,700 106,700 Complete this question by entering your answers in the tabs below. Trial Balance Job Costs In process Cost of Goods Mfg Gross Profit Journal entry worksheet < 1 2 Date April 30 3 Note: Enter debits before credits. Record entry 4 a. Record the purchase of materials (on credit). 5 Account Title 6 7 Clear entry 8 Debit ***** 11 Credit View general journal