Homework: Job Order Costing Assignment\ Saved\ Help\ Save & Exit\ Submit\ 14\ Part 1 of 4\ 3\ points\

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\ Marco Company shows the following costs for three jobs worked on in April.\ Additional Information\ a. Raw Materials Inventory has a March 31 balance of

$88,000

.\ b. Raw materials purchases in April are

$520,000

, and total factory payroll cost in April is

$383,000

.\ c. Actual overhead costs incurred in April are indirect materials,

$55,000

; indirect labor,

$28,000

; factory rent,

$37,000

; factory utilities,

$24,000

; and factory equipment depreciation,

$56,000

.\ d. Predetermined overhead rate is

50%

of direct labor cost.\ e. Job 306 is sold for

$655,000

cash in April.\ Required:\ Determine the amount of overhead applied to each job in April.\ \\\\table[[,306,307,308,April Total],[Direct material,,,,],[Predetermined overhead rate,,,,],[Overhead applied,,,,]]

Marco Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $88,000. b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $383,000. c. Actual overhead costs incurred in April are indirect materials, $55,000; indirect labor, $28,000; factory rent, $37,000; factory utilities, $24,000; and factory equipment depreciation, $56,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $655,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April