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Please help . .... Required information [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked

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Required information [The following information applies to the questions displayed below.] 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) $ 31,000 $ 44, 000 Direct labor used (in March) 22, 000 18, 000 Overhead applied (March ) 11,000 9,000 Costs during April Direct materials used 138, 000 215, 000 $ 120,000 Direct labor used 100, 000 150, 000 103,000 Overhead applied ? Status on April 30 Finished Finished ( sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $85,000. b. Raw materials purchases in April are $540,000, and total factory payroll cost in April is $376,000. c. Actual overhead costs incurred in April are indirect materials, $55,000; indirect labor, $23,000; factory rent, $30,000; factory utilities, $25,000; and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $690,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April. 306 307 308 April Total Predetermined overhead rate 0.50 0.50 0.50 0.50 Overhead applied

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