manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below] Marco Company shows the following costs for three Jobs worked on in April. Additionol informetion a. Raw Matenals inventory has a March 31 balance of $80,000. b. Raw materials purchases in Apali are $500,000, and total factory payyoll cost in Apeil is $363,000 c. Actual oveme sead costs incurred in Aprit are indrect materiats, $50,000, indirect fabor, $23,000, factory rem. $32,000, tactory utitities, $19,000; and faciory equipment depreciation, $51,000 d. Predetermined ove-head rate is 50% of direct labor cost e. Job 306 is sold for $635,000 cash in Apal Problem 2-2A (Static) Part 3 0. Mateials puichases (on creditit) b. Diect marerials used c. Orect labor used (and paid in casth) and assigned to Workin Process laventary d. Indirect materials used and assigned to Factory Overticad. e. Indicect tabor used (and pad in cosh) and assigned to factoiy Overheed f. Ovemead costs applied to Work in Process Inventory 9. Actual other ovenhead coss incured (foctory rent and uoletes are pad in ench) h. Transter of lobs 306 and 307 to Finished Goods liventsory. 1. Cost of goods sold for Job 304 1. Aevenue tiom the sale of 106,306 received in cash. k. Close underapolied or overappled overticad to the Cost of Goods sold account. 3. Prepare jounal entres fot the montir at Appit ta record the abome transacbons: T. Uverneaa costs appilea to work in rrocess inventory. g. Actual other overhead costs incurred (Factory rent and utilities are paid in cash.) h. Transfer of Jobs 306 and 307 to Finished Goods inventory. i. Cost of goods sold for Job 306 . j. Revenue from the sale of Job 306 received in cash. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. 3. Prepare journal entries for the month of April to record the above transactions. Journal entry worksheet \begin{tabular}{llll|llllll}