15-1a production

Required information Problem 15-1A Production costs computed and recorded; reports prepared L O C2, P1, P2, P3, P4 The following information applies to the questions displayed below) Marcelino Co's March 31 inventory of raw materials is $85,000. Rew materials purchases in April are $540,000, and factory payroll cost in April is $363,000. Overhead costs incurred in April are: indirect materials, $59,000, indirect S21000 factory rent, $39,000 factory utilities, $23,000: and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost Job 306 s sold for S675 000 cash in Apr Cost of the three jobs worked on in Aprit follow 307 Balances on March 31 s 25,000 39,800 17,ee0 8,5e0 Direct labor 20,000 10,000 Costs during April Direct materials Direct labor Applied overhead Status on April 38 139,000285,0 $120,000 180,30a 155,000183,000 FinishedFinished (sold) Problem 15-1A Part 4 4.1.Compute cross profit for Apri