2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $89,000. b. Raw materials purchases in April are $540,000, and total factory payroll cost in April is $384,000. c. Actual overhead costs incurred in April are indirect materials, $54,000; indirect labor, $27,000; factory rent, $39,000; factory utilities, $23,000; and factory equipment depreciation, $62,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $655,000 cash in April. factory utilities, $23,000; and factory equipment depreciation, $62,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $655,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April. Journal entry worksheet Record the entry for material purchased on credit. Note: Enter debits before credits. 4. Prepare a schedule of cost of goods manufactured for the month end April 30. a. Compute gross profit for April. -b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this questlon by entering your answers In the tabs below. Compute gross profit for April