n: I I; mypathFBing x I a MyPathiHome X I Gradebook X I D Question37Chapter2Pr X n HomeworkHelpiQatAfrz x I + X G G E] https://ezto.mheducationcom/ext/map/lndexhtmllcon:conBtexternalibrowser:0&launchUrl:https%253A%252F%252F... 1'; {3 {'5 G. a Chapter 2 Problem(s) ofthe Week 0 Saved Help Save & Exit Submit c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $21,000; factory rent, . $31,000; factory utilities, $20,000; and factory equipment depreciation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $650,000 cash in April. Part 3 of4 375 Problem 2-2A (Algo) Part 3 points 3. Materials purchases (on credit). b. Direct materials used. 9900\" c. Direct labor used (and paid in cash) and assigned to Work in Process Inventory. d. Indirect materials used and assigned to Factory Overhead. e. Indirect labor used (and paid in cash) and assigned to Factory Overhead. References f. Overhead costs applied to Work in Process Inventory. 9. Actual other overhead costs incurred (Factory rent and utilities are paid in cash.) h. Transfer of Jobs 306 and 307 to Finished Goods Inventory. i. Cost of goods sold for Job 306. j. Revenue from the sale ofJob 306 received in cash. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. Print 3. Preparejournal entries for the month of April to record the above transactions. MC CT\" Ill rw I "42 PM ,0 Type here to search (:21 $1 mypath - Bing X $ MyPath - Home X Gradebook X Question 3 - Chapter 2 Prc X Homework Help - Q&A frc x + X C @ https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252F... to Chapter 2 Problem(s) of the Week Saved Help Save & Exit Submit 5 Check my work 3 Required information Problem 2-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods Part 3 of 4 manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] 3.75 Marco Company shows the following costs for three jobs worked on in April. points Job 306 Job 307 Job 308 Balances on March 31 eBook Direct materials used (in March) $ 31,000 $ 42, 000 Direct labor used (in March) 23, 000 14, 000 Print Overhead applied (March) 11, 500 000'L Costs during April References Direct materials used 137,000 215, 000 $ 110,000 Direct labor used 104, 000 150,000 100, 000 Overhead applied 2 Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases in April are $530,000, and total factory payroll cost in April is $375,000. .: - 1 . Ard And . ... Mc Graw Hill Type here to search O B a 3:42 PM 73OF 9/5/2021