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pa shows the following costs for three jobs worked on in April. Balances on March 31. Direct materials (in March) Direct labor (in March)
pa shows the following costs for three jobs worked on in April. Balances on March 31. Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information 18,000 9,000 Job 306 Job 307 Job 388 $ 29,000 20,000 $ 35,000 10,000 135,000 85,000 ? 220,000 150,000 ? $100,000 105,000 7 Finished (sold) Finished (unsold) In process a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. c. Actual overhead costs incurred in April are indirect materials, $50,000; Indirect labor, $23,000; factory rent, $32,000; factory utilities, $19,000; and factory equipment depreciation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April. Complete this question by Requirement d General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit ces Prepare a schedule of cost of goods manufactured for Marcelino Company for the month of Ap MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs added during April Total cost of work in process Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Gross Profit Mfg Gross Profit Select the accounts used in the calculation of gross profit. Enter the amount of gros for the month of April. Gross profit < Cost of Goods Mfg Gross Profit
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