Question
Homework: Job Order Costing Assignment Saved Help Save & Exit Submit 14 Part 1 of 4 3 points ubrace(ubrace)_(eBook ) Marco Company shows the
Homework: Job Order Costing Assignment\ Saved\ Help\ Save & Exit\ Submit\ 14\ Part 1 of 4\ 3\ points\
ubrace(ubrace)_(eBook )
\ 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,,,,]]
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