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Marco Company shows the following costs for three jobs worked on In April. Balances on March 31 Direct materials (in March) Direct labor (in March)
Marco Company shows the following costs for three jobs worked on In April. Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information Job 366 Job 387 Job 388 $ 29,000 $ 35,000 28,088 10,000 18,000 9,008 135,000 220,000 $ 100,000. 85,000 150,000 105,000 7 Finished Finished (sold) (unsold) In process a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases In April are $500,000, and total factory payroll cost in April is $363,000. c. Actual overhead costs incurred In April are Indirect materials, $50,000; indirect labor, $23,000; factory rent, $32,000; factory utilities, $19,000; and factory equipment depreciation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April. Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Prepare a schedule of cost of goods manufactured for Marcelino Company for the month of April. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs added during April Total cost of work in process Marco Company shows the following costs for three jobs worked on In April. Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information Job 306 Job 307 Job 308 $ $ 29,000 35,000 20,000 18,000 10,000 9,000 135,000 220,000 100,000 85,000 150,000 105,000 7 Finished Finished In (sold) (unsold) process a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. c. Actual overhead costs incurred in April are Indirect materials, $50,000: Indirect labor, $23,000, factory rent, $32,000; factory utilities, $19,000; and factory equipment depreciation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April. Complete this question by entering your answers in the tabs below. Require... General General Journal Ledger Trial Balance Cost of Gross Job Costs Goods Profit Prepare a schedule of cost of goods manufactured for Marcelino Company for the month of April. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs added during April Total cost of work in process
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