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

Status on April $30$Finished $($Sold$)$ Finished $($Unsold$)$ Work In Process

Required:

Determine the amount of $DH$ applied to each job in April

Determine the total cost assigned to each job as of April $30($including

Prepare the journal entries for the month of April to record the

a$.$ Material purchases on credit

b$.$ Direct materials used

c$.$ Direct labor used $($and paid in CASH$)$ and assigned to WIP

d$.$ Indirect materials used and assigned to Factory $H$

e$.$ Indirect labor used $($and paid in cash$)$ and assigned to Factory $H$

f$.$ Factory DH costs A$.$PPLIED to WIP Inventory

g$.$ Actual $H$ costs incurred $($factory rent and utilities paid in cash;

h$.$ Transfer of jobs $306$ and $307$ to $FG$ inventory

i$.$ Cost of goods sold for Job $306$

i$.$ Revenue from the sale of Job $306$ received in CASH

k$.$ Close any underapplied or overapplied $DH$ to the CoGS account

Prepare a schedule of cost of goods manufactured

Compute gross profit for April. Show how the inventory accounts are

Additional Information:

A$.$ PMl Inventory has a March $31$ balance of $$80,000$

B$.$ RM purchases in April are $$500,000$; factory payroll cost in April is $$363,000$

C$.$ Actual Qverhead in April: Indirect materials, $$50,000$; indirect labor, $$23,000$

Factory rent, $$32,000$; Factory utilities, $$19,000$; and factory depreciation, $$51,000$

D$.$ Predetermined $DH$ rate is $50\%$ of direct labor costs

E$.$ Job $306$ is sold for $$635,000$CASH in April