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please answer all please answer all the questions payroll cost in Apni is $386,000. Uveread costs incurred in April are: indirect materials, $57,000 indirect labor,
please answer all
please answer all the questions
payroll cost in Apni is $386,000. Uveread costs incurred in April are: indirect materials, $57,000 indirect labor, $26 factory rent, $30,000; factory utilities, $24,000; and factory equipment depreciation, $61,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $690,000 cash in April. Costs of the three jobs worked April follow Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 25,000 $ 43,000 Direct labor 22,000 16,000 Applied overhead 11,000 8,000 Costs during April Direct materials 140,000 215,000 $110,000 Direct labor 104,000 151,000 105,000 Applied overhead 7 Finished Finished Status on April 30 (sold) (unsold) process In Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct labor used $ 360,000 Direct materials used 465,000 Factory overhead applied Total manufacturing costs 825,000 825,000 Total cost of work in process Less: Work in process April 30 Cost of goods manufactured $ 825.000 2 Dros of 4 Next > Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 [The following information applies to the questions displayed below) Marcelino Co's March 31 Inventory of raw materials is $87,000, Raw materials purchases in April are $600,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: Indirect materials, $57,000; Indirect labor, $26,000. factory rent. $30,000; factory utilities, $24,000; and factory equipment depreciation, $61,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $690,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Bob 307 Job 308 Balances on March 31 Direct materials $ 25,000 $ 43,000 Direct labor 22,000 16,000 Applied overhead 11,000 8,000 Costs during April Direct materials 140,000 215,000 $110,000 Direct labor 104,000 151,000 105,000 Applied overhead Finished Finished Status on April 30 (sold) (unsold) process tes 2 2 In Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured, MARCELINO COMPANY Schedule of Cost of Goods Manutactured For Month Ended April 30 B. 2,00 22,000 11,000 UUEL OLCIO Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 43, 16,000 8,000 215,000 151,000 Finished (unsold) 140,000 104,000 7 Finished (sold) of 4 $110,000 105,000 7 In process Problem 15-1A Part 3 Book 3. Prepare a schedule of cost of goods manufactured. Print MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct labor used S 360,000 Direct materials used 465,000 Factory overhead applied Total manufacturing costs 825,000 ferences .825,000 Total cost of work in process Less: Work in process April 30 Cost of goods manufactured $ 825,000 11,000 8,000 Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 140,000 104,000 215,000 151,000 $110,000 105,000 ? In process Finished (sold) Finished (unsold) of 4 Problem 15-1A Part 4 4-a. Compute gross profit for April. 4-b. Show how to present the inventories on the April 30 balance sheet. bok Complete this question by entering your answers in the tabs below. int Required 4A Required 4B rences Compute gross profit for April. Gross profit Required GA Required 4B > Step by Step Solution
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