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Required Information [The following information applies to the questions displayed below] Marco Company shows the following costs for three jobs worked on in April.

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Required Information [The following information applies to the questions displayed below] Marco Company shows the following costs for three jobs worked on in April. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Costs during April Overhead applied (March) Direct materials used Direct labor used Overhead applied status on April 30 Job 306 Job 307 Job 308 $ 30,600 $ 36,600 21,600 11,600 19,600 10,600 139,000 86,600 ? Finished (sold) 224,000 154,000 , Finished (unsold) $ 104,000 109,000 ? In process Additional Information a. Raw Materials Inventory has a March 31 balance of $81,600. b. Raw materials purchases in April are $504,000, and total factory payroll cost In April is $367,000. c. Actual overhead costs incurred in April are Indirect materials, $51,000; Indirect labor, $24,000; factory rent, $33,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $639,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured

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