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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 Informotion a.

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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 Informotion a. Raw Materials inventory has a March 31 balance of $85,000. b. Raw materials purchases in April are $590,000, and total factory payroll cost in April is $382,000. c. Actual overhead costs incurred in April are indirect materials, $53,000, indirect labor, $22,000, factory rent, $38,000, factory utiities, $21,000, and factory equipment depreciation, $59,000. d. Predetermined overhead rate is 50% of direct labor cost: e. Job 306 is sold for $680,000 cash in April

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