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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

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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 0. Raw Materiais Inventory has a March 31 balance of $88,000, b. Raw materals purchases in April are $510,000, and total factory payroll cost in April is $374,000. c. Actual overhead costs incurred in April are indirect materials, $51,000; indirect labor, $20,000; factory rent, $31,000; factory uthties, $19,000; and factory equipment depreciation, $50,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $650,000 cash in April. Problem 2-2A (Algo) Part 1 Required: 1. Determine the amount of overhead appiled to each jobin April

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