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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. Additional
Required information [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 31 balance of $86,000. b. Raw materials purchases in April are $540,000, and total factory payroll cost in April is $389,000. c. Actual overhead costs incurred in April are indirect materials, $54,000; indirect labor, $28,000; factory rent, $34,000; factory utilities, $20,000; and factory equipment depreciation, $54,000. d. Predetermined overhead rote is 50% of direct labor cost. e. Job 306 is sold for $680,000 cash in April. 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31)
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