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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
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 $86,400. b. Raw materials purchases in April are $516,000, and total factory payroll cost in April is $379.000. c. Actual overhead costs incurred in April are indirect materials, $54,000; indirect labor, $27,000; factory rent, $36,000; factory utilities, $23,000, and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $651,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30
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