Required A Required B Prepare T-accounts to show the flow of costs during the period from Materials Inventory through Cost of Goods Sold. Work-in-Process inventory Beg bal Beg. bal Finished Goods End. bal. End. bal. Manufacturing Overhead Control Applied Manufacturing Overhead Beg ba Beg ba End bal End. bal Accounts Payable Cash Beg. bal Beg ba End. bal End ba Wages Payable Accumulated DepreciationProperty, Plant, and Equipment Beg. ba Beg ba End. bal End ba Finished Goods Inventory Cost of Goods Sold Deg ba Goods compieted Deg bo Friuned Good Chiventory End ta Transfer to Cost of Goods Sold End ba The following transactions occurred in April at Steve's Cabinets, a custom cabinet firm. 1 Purchased $20,500 of materials on account. 2. Issued $1,250 of supplies from the materials inventory. 3. Purchased $12,100 of materials on account. 4. Paid for the materials purchesed in transaction (1) using cash. 5. Issued $14,500 in direct materials to the production department. 6. Incurred direct labor costs of $24,500, which were credited to Wages Payable. 7. Paid $22100 cash for utilities, power, equipment maintenance, and other miscellaneous items for the manufacturing plant. 8. Appled overhead on the basis of 125 percent of $24,500 direct labor costs. 9. Recognized depreciation on manufacturing property, plant, and equipment of $10,900. The following balances appeared in the accounts of Steve's Cabinets for April. Materiala Inventory Work-in-Process Inventory Finished Goods Inventory Cost of Goods Sold Deginning Ending $30,990 7,500 7 34,100 829,090 54,030 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. Required A Required B Prepare journal entries to record the transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A B. F Purchased $20,500 of materials on account.