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[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.
[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 Materlals Inventory has a March 31 balance of $80,000. b. Raw materlals purchases In Aprll are $500,000, and total factory payroll cost In Aprll Is $363,000. c. Actual overhead costs Incurred In Aprll are Indirect materlals, $50,000; Indirect labor, $23,000; factory rent, $32,000; factory utllitles, $19,000; and factory equipment depreclation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash In Aprill. [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 Materlals Inventory has a March 31 balance of $80,000. b. Raw materlals purchases In Aprll are $500,000, and total factory payroll cost In Aprll Is $363,000. c. Actual overhead costs Incurred In Aprll are Indirect materlals, $50,000; Indirect labor, $23,000; factory rent, $32,000; factory utllitles, $19,000; and factory equipment depreclation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash In Aprill
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