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 $$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. Prepare journal entries for the month of April's transactions.

Journal entry worksheet

b$.$ Record the direct materials used.

Note: Enter debits before credits. Calculate the amount of overhead to be applied to each of the jobs worked on during April. Then, using the drop$-$downs, indicate

which account in the ledger should include the job's costs as of April $30.$ Prepare a schedule of cost of goods manufactured for Marcelino Company for the month of April.Additional Information

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.

Cost of Goods

Mfg

Gross Profit

Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Marcelino Company for

the month of April.