Marco Company shaws the followng bosits for three jobs warked on in Aguil.

Additional Informetion

$2.$ Raw Maserials Inventory has a March $31$ balsnce of $$$3,200$

b$.$ Row materials purchases in Apri are $$508,000,$ and total factory payrol cost in Apeil is $$371000$

c$.$ Actual owerhead costs incurred in Aprd are indiect motersals, $$52,000$; indirect labor, $$25,000$; factery $$34,000.$ Gactory celities, $$21,000,$ and fatlory equipment depreciation, $$53,000$

d$.$ Predetermined oyerhead rate is $50\%$ of direct lobor cost.

e$.$ Jeb $305$ is sold for $$643,000$ cash in April.

Problem $15-2$A $($Algo$)$ Part $3$

a$.$ Materials purchases $($on credit$).$

b$.$ Direct materials used

c$.$ Direct labor used $($and paid in cashl$)$ and assigned to Work in Process Imvemtory.

d$.$ Indirect materials used and assigned to Factory Overhead.

e$.$ Indrect labor used $[$and paid in cashl$)$ and assigned to Factory Overheod.

f$.$ Overhead costs applied to Work in Process Inventory.

g$.$ Actual ather overhead costs incurred $($Factory rem and utilities are paid in cash$)$

h$.$ Transfer of Jobs $306$ and $307$ to Finished Goods Imveritory.

i$.$ Cost of goods sold for Jab $306.$

j$.$ Revenue from the sale of Job $306$ received in cash.

k$.$ Close underapplied or owerapplied overhead to the Cost of Goods Sold account.

$3.$ Prepare joumal entries for the month of April to record the above transactions.