5 Pan 2 of 5 4.37 points 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 N 307 Balanews on March 31 Direct materiale sed tin Direct labor (in c 335,000 24,400 Overhead applied (March) Costs during April Direct laber used Overhead applied 150,000 $1,000 165,000 Finished (old) Finished 5:41,000 24,000 25,000 235,000 $115,000 130,000 Additional Information Raw Materies Inventory has a March 31 balance of $86,000 b. Raw materials purchases in April are $515,000, and total factory payroll cost in April is $378,000 c. Actual overhead costs incurred in April are indirect materials, $53,750, indirect labor $26,750; factory rent, $35.750 fectory utilities. $22.750, and factory equipment depreciation, $54,750 d. Predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $650,000 cash in April Problem 2-2A (Algo) Part 2 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 2 March Job 306 Job 307 Job 30 Qect mate Direct labor Overhead appled S 35,000 $ 26.000 16,000 41.000 24.000 15,000 Work in process, beginning Apri Direct materials 150.000 235,000 Direct labor $1,000 505,000 115.000 120.000 Overhead applied Costs added in Ap Total costs Status on Apri 30 Finshed ( Apr 30 cost included in 241,000 400.000 In process April Total $ 500,000 375,000 235,000 876,000 S