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Carlberg Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 $ 30,000 21,000 10,500 $ 36,500
Carlberg Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 $ 30,000 21,000 10,500 $ 36,500 18,500 9,250 Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 136,000 87,000 ? Finished (sold) 221,500 152,500 ? Finished (unsold) $ 100,500 105,500 ? In process Additional Information a. Raw Materials Inventory has a March 31 balance of $82,500. b. Raw materials purchases in April are $501,000, and total factory payroll cost in April is $368,500. c. Actual overhead costs incurred in April are indirect materials, $50,500; indirect labor, $23,500; factory rent, $32,500; factory utilities, $19,500; and factory equipment depreciation, $52,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $600,000 cash in April. Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Prepare a schedule of cost of goods manufactured for Carlberg Company for the month of April. CARLBERG COMPANY Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Prepare a schedule of cost of goods manufactured for Carlberg Company for the month of April. CARLBERG COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used Direct labor used Factory overhead applied Total manufacturing costs added during April Add: Beginning work in process inventory Total cost of work in process Prey 1 of 1 18 Next Carlberg Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 $ 30,000 21,000 10,500 $ 36,500 18,500 9, 250 Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 136,000 87,000 ? Finished (sold) 221,500 152,500 ? Finished (unsold) $ 100,500 105,500 ? In process Additional Information a. Raw Materials Inventory has a March 31 balance of $82,500. b. Raw materials purchases in April are $501,000, and total factory payroll cost in April is $368,500. c. Actual overhead costs incurred in April are indirect materials, $50,500; indirect labor, $23,500; factory rent, $32,500; factory utilities, $19,500; and factory equipment depreciation, $52,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $600,000 cash in April. Complete this question by entering your answers in the tabs below. Requirement General Journal General Trial Balance Job Costs Cost of Goods Mfg Gross Profit Ledger Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Carlberg Company for the month of April. 0 0 Gross profit
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