Required imformation (The following information spores to the questions oiplayed below/ Marco Company shows the following costs for three jobs worked on in April Job 141 Job 307 Tab 30H Balances on March 31 Direct materials used ( in March] $ 32,000 $ 38,000 Direct labor and { in March] 22 , 090 15 . DOD Overhead applied (March] 11, 000 Copus during April Direst materials nood 173, non Direct labor wand 101 , 000 152, DO0 Overhand applied Status on April 30 Finished (aold) [unsold; In peogoes Additional Information n. Raw Materials Inventory has a March 31 balance of $81,000. b. Raw materials purchases in April are $540.000, and total factory payroll cost in April is $382,000. a Actual overhead costs incurred in April are indirect materials, $57,000; indirect labor, $26,000; factory rem, $30,000; factory utilities, $22,000; and factory equipment depredation, $60.000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $700,000 cash in April.Required imformation (The following information spores to the questions oiplayed below/ Marco Company shows the following costs for three jobs worked on in April Job 141 Job 307 Tab 30H Balances on March 31 Direct materials used ( in March] $ 32,000 $ 38,000 Direct labor and { in March] 22 , 090 15 . DOD Overhead applied (March] 11, 000 Copus during April Direst materials nood 173, non Direct labor wand 101 , 000 152, DO0 Overhand applied Status on April 30 Finished (aold) [unsold; In peogoes Additional Information n. Raw Materials Inventory has a March 31 balance of $81,000. b. Raw materials purchases in April are $540.000, and total factory payroll cost in April is $382,000. a Actual overhead costs incurred in April are indirect materials, $57,000; indirect labor, $26,000; factory rem, $30,000; factory utilities, $22,000; and factory equipment depredation, $60.000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $700,000 cash in April.No Transaction General Journal Debit Credit 1 a. Raw materials inventory 540,000 Accounts payable 540,000 2 b. Work in process inventory 443,000 Raw materials purchased 443,000 3 C. Work in process inventory 356,000 Cash 356,000 4 d. Factory overhead 57,000 Raw materials inventory 57,000 5 e. Factory overhead 26,000 Cash 26,000 6 f. Work in process inventory Factory overhead 7 g. Factory overhead 114,000 Cash 57,000 Accumulated depreciation-Factory building 57,0008 h. Finished goods inventory Work in process inventory 9 Cost of goods sold Finished goods inventory 10 Cash Sales 11 K. Cost of goods sold Factory overhead