GL$0201($Algo$)-$ Based on Problem $2-2$A LO P$1,$ P$2,$ P$3,$ P$4$

Pelcher Company shows the following costs for three jobs worked on in April.

Additional Information

a$.$ Raw Materials Inventory has a March $31$ balance of $$90,000.$

b$.$ Raw materials purchases in April are $$504,000,$ and total factory payroll cost in April is $$385,000.$

c$.$ Actual overhead costs incurred in April are indirect materials, $$52,000$; indirect labor, $$25,000$; factory rent, $$34,000$; factory

utilities, $$21,000$; and factory equipment depreciation, $$55,000.$

d$.$ Predetermined overhead rate is $50\%$ of direct labor cost.

e$.$ Job $306$ is sold for $$640,000$ cash in April.

Complete this question by entering your answers in the tabs below.

General Journal tab $-$ Prepare journal entries to record the transactions of Pelcher Company during the month of April.

General Ledger tab $-$ One of the advantages of general ledger software is that posting is done automatically. To see the

detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the

General Ledger tab.

Trial Balance tab $-$ General ledger software also automates the preparation of trial balances. A trial balance lists each

account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total

credits.

Job Costs tab $-$ Calculate the total cost, and account classification for each job worked on during April.

Cost of Goods Manufactured tab $-$ Prepare a schedule of cost of goods manufactured for Pelcher Company during the

month of April.

Gross Profit tab $-$ Calculate the gross profit on the sale of job$($s$)$ during April.