This is just one long question. Please help!!

Required information Problem 2-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 (The following information applies to the questions displayed below.) Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Balances on March 31 Job 308 Direct materials used (in March) $ 30,000 $ 43,000 Direct labor used in March) 21,000 14,000 Overhead applied (March) 10,500 7,000 Couts during April Direct materials used 136,000 220,000 $ 100.000 Direct labor used 102,000 151.000 103,000 Overhead applied Status on April 30 Finished Finished (old) (unaold) In proces Additional Information a. Raw Materials Inventory has a March 31 balance of $87,000. b. Raw materials purchases in April are $510,000, and total factory payroll cost in April is $384,000. c. Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $28,000; factory rent, $34,000; factory utilities, $23,000; and factory equipment depreciation, $57,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $695,000 cash in April, Problem 2-2A (Algo) Part 2 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 Job 308 April Total $ 30,000 21,000 10,500 61,500 43,000 14,000 7,000 64,000 $ $ $ 125,500 March Direct materials Direct labor Overhead applied Work in process, beginning April Direct materials Direct labor Overhead applied Costs added in April Total costs Status on April 30 April 30 cost included in: 136,000 102,000 51,000 289,000 220,000 151,000 75,500 446,500 100,000 103,000 51,500 254,500 456,000 356,000 178,000 990,000 0 $ Finished (sold) Cost of goods sold Finished (unsold) Finished goods inventory In process Work in process inventory Problem 2-2A (Algo) Part 3 a. Materials purchases (on credit). b. Direct materials used. c. Direct labor used (and paid in cash) and assigned to Work in Process Inventory. d. Indirect materials used and assigned to Factory Overhead. e. Indirect labor used (and paid in cash) and assigned to Factory Overhead. f. Overhead costs applied to Work in Process Inventory. g. Actual other overhead costs incurred (Factory rent and utilities are paid in cash.) h. Transfer of Jobs 306 and 307 to Finished Goods Inventory. 1. Cost of goods sold for Job 306. J. Revenue from the sale of Job 306 received in cash. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. 3. Prepare journal entries for the month of April to record the above transactions, View transaction list Journal entry worksheet ces C. Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $28,0 factory utilities, $23,000; and factory equipment depreciation, $57,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $695,000 cash in April. Problem 2-2A (Algo) Part 5 5-a. Compute gross profit for April. 5-6. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Req 5A Reg 58 Show how the three inventory accounts are reported on the April 30 balance sheet. Inventories Raw materials Work in process Finished goods Total inventories