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Marco Company shows the following costs for three jobs worked on in April. Additional Information 0. Raw Materials Inventory has a March 31 balance of

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Marco Company shows the following costs for three jobs worked on in April. Additional Information 0. Raw Materials Inventory has a March 31 balance of $85,000 b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $385,000 c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $27,000; factory rent, $34,000; factory utilities, $22,000, and factory equipment depreciation, $56,000 d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $630,000 cash in April. 5-0. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Compute gross profit for Aprii

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