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4 Part 3 of 4 ! Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for
4 Part 3 of 4 ! Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April. 20 points Skipped eBook Print References Balances on March 31 Costs during April $ 42,000 17,000 8,500 Job 306 Job 307 Job 308 Direct materials used (in March) Direct labor used (in March) $ 32,000 Overhead applied (March) 24,000 12,000 Direct materials used 137,000 102,000 ? ? Finished Finished (sold) 200,000 $ 105,000 154,000 100,000 ? (unsold) In process Direct labor used Overhead applied Status on April 30 Additional Information a. Raw Materials Inventory has a March 31 balance of $85,000. b. Raw materials purchases in April are $580,000, and total factory payroll cost in April is $386,000. c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $30,000; factory rent, $39,000; factory utilities, $24,000; and factory equipment depreciation, $63,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $695,000 cash in April. Materiale purebecca lan ora dith Check my work
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