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please workout this problem for me need it as soon as possible. GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Panzarella
please workout this problem for me need it as soon as possible.
GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Panzarella Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials inventory has a March 31 balance of $94,000 b. Row materials purchases in April are $505,600, and total factory payroll cost in April is $393,800, c. Actual overhead costs incurred in April are indirect materials, $52,800; indirect labor, $25,800; factory rent, $34,800; factory utilities, $21,800; and factory equipment depreciation, $56,600. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $660,000 cash in April. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured for Panzarella Company for the month of April. a. Raw Materials Inventory has a March 31 balance of $94,000. b. Raw materials purchases in April are $505,600, and total factory payroll cost in April is $393,800. c. Actual overhead costs incurred in April are indirect materials, $52,800; indirect labor, $25,800; factory rent, $34,800; factory utilities, $21,800; and factory equipment depreciation, $56,600. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $660,000 cash in April. Complete this question by entering your answers in the tabs below. Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Pancarella Company for the month of April Step by Step Solution
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