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6 Part 14 111 D 10 Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following
6 Part 14 111 D 10 Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following information applies to the questions displayed below) Marcelino Co.'s March 31 inventory of raw materials is $89,000. Raw materials purchases in April are $530,000, and 1 factory payroll cost in April is $384,000. Overhead costs incurred in April are: indirect materials, $58,000, indirect labor, $29,000; factory rent, $37,000; factory utilities, $20,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of the three jobs worked on in April follow Balances on March 31 do 306 Joh 307 Job 33 Discs materials 28.000 45,000 Priv Die bor 24,000 15,000 Applied overhand 12,000 7,500 Costs during April Direct materials 133,000 210,000 Direct labor 102,000 153,000 $100,000 100,000 Applied overhead References Status on April 30 Finished (old) Finished (unsoldi In Me Problem 15-1A Part 1 Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and appled overhead), and the total cost assigned to each job (including the balances from March 31) From March Job 30 Job 307 Job 308 Al Apr Total Check my work
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