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Required information Problem 2-2A (Algo) Computing ond recordling Job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information
Required information Problem 2-2A (Algo) Computing ond recordling 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 Materlals Inventory has a March 31 balance of $80.000. b. Raw materials purchases in Apmil are \$590.000. and total factory payroll cost in April is $385.000. c. Actual overhead costs incurred in April are indirect materlals, \$53.000; Indlrect labor. $24,000; factory rent, \$35,000; factory utillites. \$21,000; and factory equ pment depreclation. $56,000 d. Predetermined overhead rate is 50%6 of direct labor cost e. Job 306 is sold for $645.000 cash in April. Problem 2-2A (Algo) Part 1 Required: 1. Determine the amount of overhead applled to each job n April
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