GLO201 (Algo). Based on Problem 2-2A LO P1, P2, P3, P4 Suods Company shows the following costs for three jobs worked on in April Job: 106 sob 307 350 5 32.000 25,000 11.500 $ 3,500 19.500 9.750 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 30 138,000 91.000 5 101,500 106,500 224,500 157,500 > Finished (unsold) Finished (old) In process Additional Information o. Raw Materials inventory has a March 31 balance of $87.500 b. Raw materials purchases in April are $503,000 and total factory payroll cost in April is $379,500 c. Actual overhead costs incurred in April are indirect materials. 551.500 Indirect labot $24.500 factory rent, $33,500; factory utilities, $20.500, and factory equipment depreciation. 354.000 d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $630,000 cash in April 1 Gusto C Prement Gone Jual Lodge Prepare journal entre for the month of ordine 10 Date A Account Tale Code 1 Dub 50.000 www S03 4 2 30 Wory 16000 3 Way Cash 22 1.500 5 20 . Complete this question by entering your answers in the tobs below. Requirement General Journal General Ledger Tulal Balance Job Costs Cost of Goods Mfg Gross Profit Calculate the amount of overhead to be applied to each of the jobs worked on during April Then using the drop-downa, indicate which account in the ledger should include the fob's costs as of April 30. Job Jos Job 307 Job 300 April Total 5 32,000 5 23.000 11.500 65,500 39,500 19.500 9.750 68,750 $ 135.250 Beginning Work in Process (March costs) Direct material Direct labor Overhead applied Total Beginning Work in Process inventory Costs added in April Dired medab Dla labor Overbewd apped Total costs added in April Total cost of jobs At the end of Apel Indicate which account should include each ot's casts $ 138 000 $ 91 000 224 500 157.500 101500 105.500 464.000 355.000 229,000 382.000 200,000 $ 19.000 ut 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 Pront Prepare a schedule of cost of goods manufactured for Strods Company for the month of April STRODS COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs added during April TOLL cost of work in process (Job Costs Gross Profit Additional Information a. Raw Materials Inventory has a March 31 balance of 587,500 b. Raw materials purchases in April are 5503,000, and total factory payroll cost in April is $379.500 c. Actual overhead costs incurred in April are indirect materials $S1500; indirect tbor $24 500 factory rent 533,500. factory titles. $20.500, and factory equipment depreciation, $54,000 d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $630,000 cash in April complete this question by entering your answers in the tabs below Cost of Good Group General General Requirement Trial Balance Journal Job Costs Ledger HO Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Strods Company for the month of April 0 0 Grott Cost of Goods Mig