Homework: Job Order Costing Assignment 0 Saved 15 Pan2of4 3 points RETEI'E nces Required information [The foowing information apptr'es to the questions dismayed befowj Marco Company shows the following costs for threejobs worked on in April Job 386 Job 307 Job 383 Balances on March 31 Direct materials used {in March) $ 27,000 $ 39,000 Direct labor used (in March) 23,000 15,000 Overhead applied (March) 11,500 7,500 Costs during April Direct materials used 137,000 210,000 $ 100,000 Direct labor used 102,000 153,000 101,000 Overhead applied ? .3 ? Finished Finished Status on April 30 In process (sold) (unsold) Additional Information a. Raw Materials Inventory has a March 31 balance of $87,000. In. Raw materials purchases in April are $590,000, and total factory payroll cost in April is $385,000 c. Actual overhead costs incurred in April are indirect materials, $50,000; indirect labor, $29,000; factory rent, $33,000: factory utilities, $23,000: and factory equipment depreciation. $56,000. d. Predetermined overhead rate is 50% of direct labor cost. 2. Job 306 is sold for $645,000 cash in April. 2. Determine the total cost assigned to eachjob as of April 30 {Including the balances from March 31).