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Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used

Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Additional Information Job 306 $ 33,800 24,800 14,800 147,000 89,800 Finished (sold) Job 307 $ 39,800 22,800 13,800 Job 308 232,000 $ 112,000 162,000 117,000 2 Finished (unsold) In process a. Raw Materials Inventory has a March 31 balance of $84,800. b. Raw materials purchases in April are $512,000, and total factory payroll cost in April is $375,000. c. Actual overhead costs incurred in April are indirect materials, $53,000; indirect labor, $26,000; factory rent, $35,000; factory utilities, $22,000; and factory equipment depreciation, $54,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $647,000 cash in April.
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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 $84,800. b. Raw materials purchases in April are $512,000, and total factory payroll cost in April is $375,000. c. Actual overhead costs incurred in April are indirect materials, $53.000; indirect labor, $26.000; factory rent. $35,000; factory utilities, $22,000; and factory equipment depreciation, $54,000 d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $647,000 cash in April. 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 $84,800. b. Raw materials purchases in April are $512,000, and total factory payroll cost in April is $375,000. c. Actual overhead costs incurred in April are indirect materials, $53.000; indirect labor, $26.000; factory rent. $35,000; factory utilities, $22,000; and factory equipment depreciation, $54,000 d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $647,000 cash in April

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