Problem 19-1A Part 3

3. Prepare a schedule of cost of goods manufactured.

Problem 19-1A Productlon costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 The following Information applies to the questions displayed belowj Marcelino Co.s March 31 Inventory of raw materlals Is $84,000. Raw materlals purchases In April are $550,000, and factory payroll cost In April is $385.000. Overhead costs Incurred In April are: Indirect materlals, $58,000, Indirect labor, $23,000: factory rent, $34,000; factory utlities, $22,000: and factory equipment depreclation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 3061s sold for $680,000 cash in April. Costs of the three Jobs worked on In April follow. 386 Job 387 Job 388 Balances on March 31 Direct materials Direct Labor Applied overhead S 31,898 36,898 13.800 6,509 21,099 18,589 Costs during April Direct materials Direct Labor Applied overhead Status on April 38 131,888 228,890 $118,898 184.088 184,09 154,088 e Finished In process Finished (sold) (unsold) Problem 19-1A Part 3 3. Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured For Month Ended April 30 materials used Total manufacturing costs Total cost of work in process Cost of goods manufactured