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. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March)) Costs during April Direct materials used Direct labor used Overhead applied. Status on April 30 Additional Information Job 306 Job 307 Job 308 $ 25,000 $ 41,000 22,000 11,000 13,000 6,500 140,000 103,000 Finished finished (sold) (unsold) 215,000 154,000 $ 105,000 103,000 In process 6. Raw Materials Inventory has a March 31 balance of $88,000. b. Raw materials purchases in April are $590,000 and total factory payroll cost in April is $389,000, c. Actual overhead costs incurred in April are indirect materials, $52.000, indirect labor, $29,000, factory rent, $37.000 factory utilities, $21,000, and factory equipment depreciation, $58,000 d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $675,000 cash in April. Check my wa Problem 2-2A (Algo) Part 1 Required: 1. Determine the amount of overhead applied to each job in April. Predetermined overhead rate Overhead applied 306 0.50 307 0.50 308 April Total 0.50 0.50