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es Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor
es Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Job 386 Job 307 Job 308 $ 36,200 27,200 17,200 $ 42,200 25,200 16, 200 153,000 238,000 $ 118,000 92,200 ? Finished (sold) 168,000 123,000 Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $87,200. b. Raw materials purchases in April are $518,000, and total factory payroll cost in April is $381.000. c. Actual overhead costs incurred in April are indirect materials, $54.500; indirect labor. $27.500 factory rent, $36,500: factory utilities. $23,500; and factory equipment depreciation, $55,500. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $653.000 cash in April. Problem 19-2A (Algo) Part 1 Required: 1. Determine the amount of overhead applied to each job in April. Predetermined overhead rate Overhead applied 306 307 Search 308 April Total Prev 3 4 5 7 of 9 Next > 99- Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) $ 36,200 27,200 17,200 $ 42,200 25,200 16, 200 Costs during April Direct materials used 153,000 Direct labor used Overhead applied Status on April 30 Additional Information 007'76 Finished (sold) 238,000 168,000 $ 118,000 123,000 Finished (unsold) In process
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