Raw material purchased on account $204000.Direct material issued to Job #4263 c

Raw material purchased on account $204000.Direct
material issued to Job #4263 cost $163800; indirect material issued
for that job cost $12460. Direct material costing $1870 was issued to
start production of Job #4264.Direct labor hours worked on Job #4263
were 3600. Direct labor hours for Job #4264 were 120. All direct
factory employees were paid $15 per hour.Actual factory overhead
costs incurred for the month totaled $68700. This overhead consisted of
$18000 of supervisory salaries $21500 of depreciation charges
$7200 of insurance $12500 of indirect labor and $9500 of utilities.
Salaries insurance and utilities were paid in cash and indirect
labor charges were accrued.Overhead is applied to production at the rate of $18 per direct labor hour.Beginning
balances of Raw Material Inventory and Work in Process Inventory were
respectively $4300 and $11400. Of the beginning WIP balance $800 was
related to Job #4263. Job #4263 was completed during April.a. Prepare journal entries for each transaction.1. Raw material purchased on account $204000.2.
Direct material issued to Job #4263 cost $163800; indirect material
issued for that job cost $12460. Direct material costing $1870 was
issued to start production of Job #4264.3. Direct labor hours worked
on Job #4263 were 3600. Direct labor hours for Job #4264 were 120. All
direct factory employees were paid $15 per hour.4. Actual factory
overhead costs incurred for the month totaled $68700. This overhead
consisted of $18000 of supervisory salaries $21500 of depreciation
charges $7200 of insurance $12500 of indirect labor and $9500 of
utilities. Salaries insurance and utilities were paid in cash and
indirect labor charges were accrued.5. Overhead is applied to production at the rate of $18 per direct labor hour.b. Determine the balance in Raw Material Inventory at the end of the month.c. Determine the balance in Work in Process Inventory at the end of the month.d.
Determine the cost of the goods manufactured during April. If completed
goods consist of 10000 similar units what was the cost per unit?e. What is the amount of underapplied or overapplied overhead at the end of April?