Marco Company shows the following costs for three jobs worked on in April.

	Job 306	Job 307	Job 308
Balances on March 31
Direct materials used (in March)	$ 28,000	$ 38,000
Direct labor used (in March)	22,000	18,000
Overhead applied (March)	11,000	9,000
Costs during April
Direct materials used	139,000	205,000	$ 105,000
Direct labor used	102,000	151,000	102,000
Overhead applied	?	?	?
Status on April 30	Finished (sold)	Finished (unsold)	In process

Additional Information

Raw Materials Inventory has a March 31 balance of $85,000.

Raw materials purchases in April are $590,000, and total factory payroll cost in April is $383,000.

Actual overhead costs incurred in April are indirect materials, $54,000; indirect labor, $28,000; factory rent, $31,000; factory utilities, $22,000; and factory equipment depreciation, $53,000.

Predetermined overhead rate is 50% of direct labor cost.

Job 306 is sold for $630,000 cash in April.

 

Required: 1. Determine the amount of overhead applied to each job in April. Predetermined overhead rate Overhead applied 306 0.50 307 0.50 308 0.50 April Total 0.50