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The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm. 1. Purchased $18,000 of materials on account. 2. Issued $1,000 of supplies from the materials inventory. 3. Purchased $11,600 of materials on account. 4. Paid for the materials purchased in transaction (1) using cash. 5. Issued $14,000 in direct materials to the production department. 6. Incurred direct labor costs of $22,000, which were credited to Wages Payable. 7. Paid $21,600 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 8. Applied overhead on the basis of 135 percent of $22,000 direct labor costs. 9. Recognized depreciation on manufacturing property, plant, and equipment of $10,400. The following balances appeared in the accounts of Steve's Cabinets for April. Beginning Ending $30,240 ? 7,000 ? 33,600 Materials Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold $28,840 53,280 Required: a. Prepare journal entries to record the transactions. b. Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Complete this question by entering your answers in the tabs below.

Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions. (If no entry is required for a transaction/event, select "No journal entry required" the first account field.) Journal entry worksheet Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. \begin{tabular}{|l|l|l|l|} \hline Beg. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Applied Manufacturing Overhead Beg bal End bal. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ Accounts Payable } \\ \hline Beg. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. bal. & & \\ \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Wages Payable } \\ \hline Beg. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Accumulated Depreciation-Property, Plant, and Equipment \begin{tabular}{|l|l|l|l|} \hline Beg. bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline End. bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Finished Goods Inventory } \\ \hline Beg. bal. & & & \\ \hline Goods completed & & & TransfertoCostofGoodsSold \\ \hline End. bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Cost of Goods Sold } \\ \hline Beg. bal. & & & \\ \hline FinishedGoodsInventory & & & \\ \hline End. bal. & & & \\ \hline \end{tabular}

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