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{The foiiowing information applies to the questions displayed below} Marco Company shows the following costs for threejobs worked on in April. Job 366 Job 36?
{The foiiowing information applies to the questions displayed below} Marco Company shows the following costs for threejobs worked on in April. Job 366 Job 36? Job 368 Balances on March 31 Direct materials used {in March) $ 32,666 $ 41,666 Direct labor used (in March) 24,666 13,666 Overhead applied (March) 12,666 9,666 Costs during April Direct materials used 133,666 266,666 $ 115,666 Direct labor used 166,666 152,666 166,666 Overhead applied ? 9 ? Finished Finished Status on April 36 In process (sold) (unsold) Additional Information a. Raw Materials Inventory has a March 31 balance of $84,000. 1:. Raw materials purchases in April are $510,000, and total factory payroll cost In April is $382,000. c. Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $30,000; factory rent, $38,000; factory utilities, $19,000: and factory equipment depreciation, $57,000. cl. Predetermined overhead rate is 50% of direct labor cost. a. Job 306 is sold for $640,000 cash in April. Required information Job 306 Job 307 Job 308 April Total March Direct materials $ 32,000 $ 41,000 Direct labor 24,000 18,000 Overhead applied 12,000 9,000 Work in process, beginning $ 0 April Direct materials 133,000 200,000 115,000 448,000 Direct labor 100,000 152,000 100,000 352,000 Overhead applied 0 Costs added in April 233,000 352,000 215,000 800,000 Total costs 0 Status on April 30 Finished (sold) Finished (unsold) In process April 30 cost included in
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