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Help Pt 2! Additional Information a. Raw Materials Inventory has a March 31 balance of $87,200. b. Raw materials purchases in April are $518,000, and
Help Pt 2!
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. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30 Step by Step Solution
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