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Required information Problem 2 - 2 A ( Algo ) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P 1

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 $83,200.
b. Raw materials purchases in April are $508,000, and total factory payroll cost in April is $371,000.
c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $25,000; factory rent,
$34,000; factory utilities, $21,000; and factory equipment depreciation, $53,000.
d. Predetermined overhead rate is 50% of direct labor cost.
e. Job 306 is sold for $643,000 cash in April.
Problem 2-2A (Algo) Part 1
Required:
Determine the amount of overhead applied to each job in April.
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