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Marcelino Co's March 31 Inventory of raw materials is $87000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $389,000
Marcelino Co's March 31 Inventory of raw materials is $87000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $389,000 Overhead costs incurred in April are Indirect materials, $56.000. Indirect labor, $30,000 factory rent, $34.000, factory utilities, 519.000, and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $680,000 cash in April Costs of the three jobs worked on in Apell follow Job 306 Job 387 20:35 Betances on March 31 Direct materials $ 25,000 $ 40,00 Direct labor 23,880 15.00 Applied overhead 11,500 7,500 Costs during April Direct materiais 132,000 229,000 5105,000 Direct labor 101,000 154,000 100,000 Applied overhead Status on April 30 Finished Finished sold) (10) In process Problem 15.1A Part 3 3. Prepare o schedule of cost of goods manufactured MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total matching costs
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