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NEED HELP Compute gross profit for April. Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for

NEED HELP
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Compute gross profit for April. Required information [The following information applies to the questions displayed below.] 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 $80,400. b. Raw materials purchases in April are $501,000, and total factory payroll cost in April is $364,000. c. Actual overhead costs incurred in April are indirect materials, $50,250; indirect labor, $23,250; factory rent. $32,250; factory utilities, $19,250; and factory equipment depreciation, $51,250. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $636,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30. Show how the three inventory accounts are re

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