Required: 1. Determine the amount of overhead applied to each job in April. 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31 ). a. Materias purchares (on credy) b. Direct eneterials used. c. Drect labor used jand poid in casty and assigned to Work in Process inventory d. Indirect materials used and assigned to Factory Overhead. a. Indirect labor used (and poid in Cash) and assigned to Factory. Overhead. 1 . Overhead costs applied to Work in Process inventory. 0. Actual other overhesd cosss incurred (Factory rent and uaties are pald in cash) h. Transfer of 306s306 and 307 to Finished Goods invertory. L Cost of goods sold for Job 306 1. Revenue from the sale of Job 306 received in cash. k. Close underapplied or overappled overhead to the Cost of Goods Sold account 3. Prepare journal entrles for the momh of April to record the above transactions: Journal entry Required information Problem 2-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed 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 $87,200. b. Raw materials purchases in April are $518,000, and total factory payroll cost in April is $381,000. c. Actual overhead costs incurred in April are indirect materials, $54,500; indirect labor, $27,500; factory rent, $36,500; factory utilities, $23,500; and factory equipment depreciation, $55,500. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $653,000 cash in April. 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Compute gross profit for April. 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Show how the three inventory accounts are reported on the April 30 balance sheet. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30