(Solved): Journal entries Nottaway Flooring produces custom-made floor tiles. The company's Raw Material Inve ...

Journal entries Nottaway Flooring produces custom-made floor tiles. The company's Raw Material Inventory account contains both direct and indirect materials. Until the end of April, the company worked solely on a large job (\#4263) for a major client. Near the end of the month, Nottaway began Job \#4264. The following information was obtained relating to April production operations. 1. Raw material purchased on account, $\$204,000$. 2. Direct material issued to Job $\#4263$ cost $\$163,800$; indirect material issued for that job cost $\$12,460$. Direct material costing $\$1,870$ was issued to start production of Job $\#4264$. 3. Direct labor hours worked on Job \#4263 were 3,600. Direct labor hours for Job $\#4264$ were 120 . All direct labor employees were paid $\$15$ per hour. 4. Other actual factory overhead costs incurred for the month totaled $\$68,700$. This overhead consisted of $\$18,000$ of supervisory salaries, $\$21,500$ of depreciation charges, $\$7,200$ of insurance, $\$12,500$ of indirect labor, and $\$9,500$ 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. Beginning balances of Raw Material Inventory and Work in Process Inventory were, respectively, $\$4,300$ and $\$11,400$. Of the beginning WIP balance, $\$800$ was related to Job $\#4263$. Job $\#4263$ was completed during April. a. Prepare journal entries for Transactions 1-5. Note: List any multiple debits or any multiple credits in alphabetical order by account name.