Required information The following information applies to the questions displayed below.) Marco Company shows the following costs for three jobs worked on in April. 3ob306 Job 307 Job 30 Balances on March 31 Direct materials used in March) $ 27,000 $ 38,000 Direct labor used (in March) 23,000 18,000 Overhead applied (March) 31,500 9,000 Costs during April Direct materials used 132,000 210,000 $100,000 Direct labor used 100,000 151.000 105,000 Overhead applied 2 2 Finished Finished Status on April 10 In process (sold) (unsold) ? Additional Information a. Raw Materials Inventory has a March 31 balance of $84,000. b. Raw materials purchases in April are $600,000, and total factory payroll cost in April is $388,000. c. Actual overhead costs incurred in April are indirect materials, $59,000, indirect labor, $28,000; factory rent, $33,000 factory utilities. $23,000; and factory equipment depreciation, $56,000 d. Predetermined overhead tate is 50% of direct labor cost. e. Job 306 is sold for $640.000 cash in April Additional Information a. Raw Materials Inventory has a March 31 balance of $84,000. b. Raw materials purchases in April are $600,000, and total factory payroll cost in April is $388,000. c. Actual overhead costs incurred in April are indirect materials, $59,000; indirect labor, $28,000; factory rent. $33.000, factory utilities, $23,000; and factory equipment depreciation, $56,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April Required: 1. Determine the amount of overhead applied to each job in April 306 307 308 April Total 0 0.50 050 0.50 0.50 Predetermined overhead rate Overhead applied