Check my GLO201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Carey Company shows the following costs for three jobs worked on in April Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 34,000 $ 42,500 Direct labor (in March) 25,000 20,500 Applied overhead (March) 12,500 10,250 Costs during April Direct materials 140,000 227,500 $ 102,500 Direct labor 95,000 162,500 107,500 Applied overhead 2 7 Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $92,500. b. Raw materials purchases in April are $505,000, and total factory payroll cost in April is $390,500. c. Actual overhead costs incurred in April are indirect materials, $52,500; Indirect labor, $25,500, factory rent, $34,500; factory utilities, $21,500: and factory equipment depreciation, $56,000. d. Predetermined ovbrhead rate is 50% of direct labor cost. e. Job 306 is sold for $650,000 cash in April, Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Job Costs Gross Profit General Journal General Ledger Trial Balance Cost of Goods Mfg Requirement Prepare journal entries for the month of April's transactions. View transaction list Journal entry worksheet 11 8