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 Direct material Predetermined overhead rate Overhead applied $ $ Job 306 d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April. 306 $ 31,000 22,000 12,000 171,000 $ 50.00 11,000 $ 140,000 87,000 ? 307 Finished (sold) a. Raw Materials Inventory has a March 31 balance of $82,000. b. Raw materials purchases in April are $505,000, and total factory payroll cost in April is $368,000. c. Actual overhead costs incurred in April are indirect materials, $51,250; indirect labor, $24,250; factory rent, $33,250; factory utilities, $20,250; and factory equipment depreciation, $52,250. 262,000 $ 50.00 10,000 Job 307 $ $ 37,000 20,000 11,000 225,000 $ 105,000 155,000 110,000 ? ? Finished (unsold) 308 Job 308 105,000 50.00 55,000 In process April Total $ 538,000 50.00

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 $82,000. b. Raw materials purchases in April are $505,000, and total factory payroll cost in April is $368,000. c. Actual overhead costs incurred in April are indirect materials, $51,250; indirect labor, $24,250; factory rent, $33,250; factory utilities, $20,250; and factory equipment depreciation, $52,250. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April