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)	$ 25,000	$ 40,000
Direct labor used (in March)	21,000	13,000
Overhead applied (March)	10,500	6,500
Costs during April
Direct materials used	133,000	205,000	$ 120,000
Direct labor used	103,000	154,000	101,000
Overhead applied	?	?	?
Status on April 30	Finished (sold)	Finished (unsold)	In process

Additional Information

Raw Materials Inventory has a March 31 balance of $88,000.

Raw materials purchases in April are $560,000, and total factory payroll cost in April is $380,000.

Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $22,000; factory rent, $38,000; factory utilities, $22,000; and factory equipment depreciation, $60,000.

Predetermined overhead rate is 50% of direct labor cost.

Job 306 is sold for $680,000 cash in April.

4. Prepare a schedule of cost of goods manufactured for the month end April 30.

MARCO COMPANY
Schedule of Cost of Goods Manufactured
For Month Ended April 30
Direct materials used
Direct labor
Factory overhead applied
Total manufacturing costs	0
Add: Work in process inventory, beginning
Total cost of work in process	0
Less: Work in process inventory, ending
Cost of goods manufactured