Required informationProblem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4

[The following information applies to the questions displayed below.]

Ciolino Co.'s March 31 inventory of raw materials is $110,000. Raw materials purchases in April are $420,000, and factory payroll cost in April is $235,000. Overhead costs incurred in April are: indirect materials, $31,000; indirect labor, $12,000; factory rent, $17,000; factory utilities, $12,000; and factory equipment depreciation, $57,450. The predetermined overhead rate is 55% of direct labor cost. Job 306 is sold for $410,000 cash in April. Costs of the three jobs worked on in April follow.

1 Prepare journal entries for the month of April to record the above transactions. View [I'll l1 SBCUD [1 "St Journal entryr worksheet ( o r B 9 1o 11 12 13 14 > Record the entry to assign underapplied foverapplied overhead to Cost of goods sold. Note: Enter debits before credits. Prepare joumal entries for the month of April to record the above transactions. View transaction list Journal entryr worksheet Record the entry to assign direct labor to jobs. Note: Enter debits before credits. '2. Prepare journal entries for the month of April to record the above transactions. 1iII'iew transaction list Journal entryr worksheet Record factory rent paid in cash. Note: Enter debits before credits. 1 Prepare joumal entries for the month of April to record the above transactions. View transaction list Journal entry worksheet Record other Factoryr overhead. Note: Enter debits before credits. Record entnll Clear entry View gen eral journal '2. Prepare journal entries for the month of April to record the above transactions. View tl' [15361]!) [1 list Journal entry worksheet Record indirect materials. Note: Enter debits before credits. Problem 19-1A Pan: 4 4.1 Compute gross prot for April. 4.25how hw to present the inventories on the April 30 balance sheet. _ iiiiiei iii-ii _ m 1 Prepare joumal entries for the month of April to record the above transactions. 1III'iew transaction list Journal entryr worksheet Record the factory utilities paid in cash. Note: Enter debits before credits. 1 Prepare journal entries for the month of April to record the above transactions. 1tr'iewr transaction list Journal entry worksheet Record indirect labor. Note: Enter debits before credits. Clear entry WEW gen eral journal 1 Prepare joumal entries for the month of April to record the above transactions. View transaction list Journal entry worksheet Record factory payroll paid in cash. Note: Enter debits before credits. '2. Prepare joumal entries for the month of April to record the above transactions. View transaction list Journal entry worksheet