Required information Problem 15-2A (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 Materiais inventory has a March 31 balance of $82,000 b. Raw matetials purchases in April are $550,000, and total factory payroll cost in Aprit is $381,000. c. Actuol overhead costs incurred in April are indirect materials, $60,000; indirect labor, $28,000, factory rent. $39.000, foctory utilities, $20,000, and factory equipment depreciation, $59,000 d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in Apri! Problem 15-2A (Algo) Part 3 a. Materiais purchases (an credit) b. Orect materials used: c. Ditect labor used (and paid in cash) and assigned to Work in Process inventory. d. Indiect materiols used and assigned to Factory Overhead: e. Indirect labor used (and paid in cash) and assigned to Factory Overhead. b. Direct materials used. c. Direct labor used (and paid in cash) and assigned to Work in Process Inventory. d. Indirect materials used and assigned to Factory Overhead. e. Indirect labor used (and paid in cash) and assigned to Factory Overhead. t. Overhead costs applied to Work in Process Inventory. 9. Actual other overhead costs incurred (Factory rent and utilities are paid in cash.) h. Transfer of Jobs 306 and 307 to Finished Goods Inventory. i. Cost of goods sold for Job 306 . J. Revenue from the sale of Job 306 recelved in cash. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. 3. Prepare journal entries for the month of April to record the above transactions. 3. Prepare journal entries for the month of April to record the above transactions. Required information \begin{tabular}{|l|l|l|} \hline 9 & Cost of goods sold \\ \hline & Finished goods inventory \\ \hline 10 & C. & \\ \hline & Cash \\ \hline & Sales \\ \hline 11 & k.. & \\ \hline & Cost of goods sold \\ \hline & Factory overhead \\ \hline \end{tabular}