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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 A Algo Computing and recording job costs; preparing schedule of cost of goods
manufactured LO P P P P
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 balance of $
b Raw materials purchases in April are $ and total factory payroll cost in April is $
c Actual overhead costs incurred in April are indirect materials, $; indirect labor, $; factory rent,
$; factory utilities, $; and factory equipment depreciation, $
d Predetermined overhead rate is of direct labor cost.
e Job is sold for $ cash in April.
Problem A Algo Part
Required:
Determine the amount of overhead applied to each job in April.
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