Status on April $30$

$\begin{array}{cc}\text{F}\text{i}\text{n}\text{i}\text{s}\text{h}\text{e}\text{d}\text{F}\text{i}\text{n}\text{i}\text{s}\text{h}\text{e}\text{d}& ?\\ \text{s}\text{o}\text{l}\text{d}& \text{u}\text{n}\text{s}\text{o}\text{l}\text{d}\end{array}$

Additional Information

a$.$ Raw Materials Inventory has a March $31$ balance of $$80,000.$

b$.$ Raw materials purchases in April are $$500,000,$ and total factory payroll cos

c$.$ Actual overhead costs incurred in April are indirect materials, $$50,000$; indir $$32,000$; factory utilities, $$19,000$; and factory equipment depreciation, $$51,$

d$.$ Predetermined overhead rate is $50\%$ of direct labor cost.

e$.$ Job $306$ is sold for $$635,000$ cash in April.

$4.$ Prepare a schedule of cost of goods manufactured for the month ended April $30.$

$\backslash$table$[[$MARCO COMPANY,$],[$Schedule of Cost of Goods Manufactured,$],[$For Month Ended April $30,],[$Factory overhead applied,$],[$Direct labor,$],[$Direct materials used,$],[$Total manufacturing costs,$],[$Add: Work in process inventory, beginning,$],[$Total cost of work in process,$],[$Less: Work in process inventory, ending,$],[$Cost of goods manufactured,$]]$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 $$80,000.$

b$.$ Raw materials purchases in April are $$500,000,$ and total factory payroll cost in April is $$363,000.$

c$.$ Actual overhead costs incurred in April are indirect materials, $$50,000$; indirect labor, $$23,000$; factory rent,

$$32,000$; factory utilities, $$19,000$; and factory equipment depreciation, $$51,000.$

d$.$ Predetermined overhead rate is $50\%$ of direct labor cost.

e$.$ Job $306$ is sold for $$635,000$ cash in April.

Prepare a schedule of cost of goods manufactured for the month ended April $30.$