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4. Prepare a schedule of cost of goods manufactured for the month end April 30. Required information Problem 15-2A (Algo) Computing and recording job costs;
4. Prepare a schedule of cost of goods manufactured for the month end April 30. Required information Problem 15-2A (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. Additional Information a. Raw Materials Inventory has a March 31 balance of $86,000. b. Raw materials purchases in April are $530,000, and total factory payroll cost in April is $385,000. c. Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $27,000; factory rent, $37,000; factory utilities, $24,000; and factory equipment depreciation, $61,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $680,000 cash in April
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