7 Part 4 of 5 437 paints P Required information Problem 2-2A (Algo) Computing and recording...

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7 Part 4 of 5 437 paints P 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 Belances on March 31 Direct materials seed in March) Direct labor used (in March) Overhead applied (Raceb) Conte during April Direct materiala d Direct labor sed Overhead applied States on April 30 Additional Information Joke 306 Jub 307 $35,000 26,000 24,000 16.000 15,000 150,000 $1,000 3 225,000 115,000 145,000 120,000 Fin Finished a. Raw Materials 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. factory 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 4 4. Prepare a schedule of cost of goods manufactured for the month ended April 30 MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured $ 7 Part 4 of 5 437 paints P 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 Belances on March 31 Direct materials seed in March) Direct labor used (in March) Overhead applied (Raceb) Conte during April Direct materiala d Direct labor sed Overhead applied States on April 30 Additional Information Joke 306 Jub 307 $35,000 26,000 24,000 16.000 15,000 150,000 $1,000 3 225,000 115,000 145,000 120,000 Fin Finished a. Raw Materials 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. factory 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 4 4. Prepare a schedule of cost of goods manufactured for the month ended April 30 MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured $