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2-2a i 5 k t Maps G Google Docs: Sig... ces ! Required information Problem 2-2A (Algo) Computing and recording job costs; preparing schedule of
2-2a i 5 k t Maps G Google Docs: Sig... ces ! Required information Problem 2-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Additional Information Job 306 $ 30,600 21,600 11,600 Problem 2-2A (Algo) Part 1 Saved 139,000 86,600 ? Finished (sold) Job 307 $36,600 19,600 10,600 Job 308 224,000 $ 104,000 154,000 ? Finished (unsold) 109,000 ? In process a. Raw Materials Inventory has a March 31 balance of $81,600. b. Raw materials purchases in April are $504,000, and total factory payroll cost in April is $367,000. c. Actual overhead costs incurred in April are indirect materials, $51,000; indirect labor, $24,000; factory rent, $33,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $639,000 cash in April. S www Help Save & Exit Su Check my wa
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