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Cecconi Co.'s March 31 inventory of raw materials is $135,000. Raw materials purchases in April are $640,000, and factory payroll cost in April is $506,000. Overhead costs incurred in April are: indirect materials, $97.000; indirect labor, $56,000 factory rent, $65,000; factory utilities, $41,000; and factory equipment depreciation, $62,000. The predetermined overhead rate is 70% of direct labor cost. Job 306 is sold for $910,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 51,000 42,eee 29, 4ee $ 68,000 29,000 20,3ee Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 157,800 129, eee $122,800 116,eee 253,000 205,000 ? Finished (unsold) ? Finished (sold) In process Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Gross Profit Cost of Goods MfG Prepare journal entries for the month of April's transactions. Journal entry worksheet Complete this question by entering your answers in the tabs below. General General Cost of Goods Requirement Job Costs Trial Balance Gross Profit Journal Ledger Mfg Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Cecconi Company for the month of April. Dates: Mar 31 to: Apr 30 0 0 Gross profit (Cost of Goods Mig Gross Profit >

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