Tiehen Corporation uses a job-order costing system to assign manufacturing costs to jobs. At the end of the month it closes out any overapplied or underapplied manufacturing overhead to Cost of Goods Sold. Its balance sheet on April 1 appears below: Assets: Cash Raw materials. Work in process Finished goods Property, plant, and equipment (net) Total assets Tiehen Corporation Balance Sheet April 1 Liabilities and Stockholders' Equity: Accounts payable Retained earnings. Total liabilities and stockholders' equity Summaries of the transactions completed during April appear below: (1) Raw materials purchased on account $ 66,150 (2) Raw materials used in production (direct materials) $ 50,150 $ 7,075 (3) Raw materials used in production (indirect materials) (4) Direct labor paid in cash $ 95,150 (5) Indirect labor paid in cash $ 25,150 $ 30,150 $ 12,150 (6) Selling and administrative salaries paid in cash (7) Factory utility costs (on account) (8) Depreciation on PP&E-manufacturing equipment (9) Depreciation on PP&E-selling and administration (10) Advertising expenses paid in cash (11) Manufacturing overhead applied to production (12) Cost of goods manufactured (13) Cash sales (14) Cost of goods sold (15) Cash payments to creditors. (16) Overapplied (underapplied) overhead Transactions Beginning balances, April 1 (1) Raw materials purchased on account (2) Raw materials used in production (direct materials) (3) Raw materials used in production (indirect materials) (4) Direct labor paid in cash (5) Indirect labor paid in cash (6) Selling and administrative salaries paid in cash (7) Factory utility costs (on account) (8) Depreciation on PP&E-manufacturing equipment (9) Depreciation on PP&E--selling and administration (10) Advertising expenses paid in cash (11) Manufacturing overhead applied to production (12) Cost of goods manufactured (13) Cash sales (14) Cost of goods sold (15) Cash payments to creditors (16) Overapplied (underapplied) overhead Ending balances at April 30 Cash $ 10,150 $ 2,075 $ 15,150 $ 57,450 0 $196,150 $272,000 $205,150 $ 81,150 ? Required: Complete the spreadsheet below. (Negative or Deductible amounts should be entered with a minus sign.) $ 3,750 15,150 19,150 0 $ 10,150 0 38,050 229,150 $277,350 Raw Work in Finished Manufacturing PP&E Materials Process Goods Overhead (net) 0 $ 15,075 262,275 $277,350 0 = |=1 = EI = 0 = Accounts Retained Payable Earnings 0 0