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The following transactions occurred in April at Steves Cabinets, a custom cabinet firm.
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Purchased $25,500 of materials on account.
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Issued $1,750 of supplies from the materials inventory.
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Purchased $13,100 of materials on account.
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Paid for the materials purchased in transaction (1) using cash.
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Issued $15,500 in direct materials to the production department.
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Incurred direct labor costs of $29,500, which were credited to Wages Payable.
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Paid $23,100 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant.
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Applied overhead on the basis of 130 percent of $29,500 direct labor costs.
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Recognized depreciation on manufacturing property, plant, and equipment of $11,900.
The following balances appeared in the accounts of Steves Cabinets for April.
| | Beginning | Ending |
| Materials Inventory | $ | 32,490 | | | ? | |
| Work-in-Process Inventory | | 8,500 | | | ? | |
| Finished Goods Inventory | | 35,100 | | $ | 29,590 | |
| Cost of Goods Sold | | | | | 55,530 | |
| |
Required:
a. Prepare journal entries to record the transactions.
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