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Plz Help! [The following information applies to the questions dispiayed below.] Marco Company shows the following costs for three jobs worked on in April. Additional
Plz Help!
[The following information applies to the questions dispiayed 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 $85,000 b. Raw materials purchases in April are $570,000, and total factory payroll cost in April is $381,000. c. Actual overhead costs incurred in Aprit are indirect materials, $55,000; indirect labor, $21,000; factory rent, $39,000; tactory utilties, $23.000, and factory equipment depreciation, $62,000 d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $680,000 cash in April. Problem 2-2A (Algo) Part 2 2. Determine the total cost assigned to each job as of Apsil 30 (including the balances from March 31) Step by Step Solution
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