Marcelino Co.'s March 31 inventory of raw materials is $80,000, Raw materials purchases in April are $500,000, and factory payroll cost in April is $363,000. 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. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 300 $ 29,000 20,000 10,000 $ 35,000 18,000 9,000 Telancon on March 3 Direct materials Direct Labor Applied overhead Conta during April Direct material Direct labor Applied overhead Status on April 30 135,000 85,000 220.000 150,600 $100,000 105,000 Pinished (old) Pinished (unsold) In process Complete this question by entering your answers in the tabs below. Hequirement General Journal General Ledger That Balance Job Costs Cost of Goods Mfg Gross Profit Prepare journal entries for the month of April's transactions View transaction et Journal entry worksheet 1 2 5 6 7 8 13 Record the purchase of materials (on credit) Prev 1 of 1 Next Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Prepare journal entries for the month of April's transactions. View transaction list Journal entry worksheet Prev 1 of 1 i Next MacRook Feneral Ledger Help Save & E Complete this question by entering your answers in the tabs below. Che Requrement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Calculate the amount of overhead to be applied to each of the jobs worked on during April. Then, using the drop-downs, indicate which account in the ledger should include the job's costs as of April 30. Dates: Mar 31 to: Apr 30 Job 360 Apr Tot $ Beginning Work in Process (March costs) Direct materials Direct labor Applied overhead Total Beginning Work in Process inventory 29,000 $ 20.000 10,000 59,000 35,000 18,000 9.000 62,000 $ 121,000 $ Costs added in April Direct materials Direct labor Applied overhead Total costs added in April 135,000 $ 85.000 220,000 150,000 100,000 105,000 455,000 340,000 0 795,000 25,000 370.000 205,000 $ Total cost of jobs At the end of April, indicate which account should Include each job's costs Trial Balance Cost of Goods Mig> Prev 1 of 1 !!! Next Complete this question by entering your answers in the tabs below. Requirement General Jouma General Ledger Cost of Goods Trial Balance Job Costs Mfg Gross Profit Prepare a schedule of cost of goods manufactured for Marcelino Company for the month of April. Dates: Mar 31 to: Apr 30 RCELINO COMPANY Schedules cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs added during April Total cost of work in process (Job Costs Gross Profit Prev 1 of 1 Next Status on April 30 Finished (sold) Finished (unsold) In process Complete this festion by entering your answers in the tabs below. General General Cost of Goods Requirement Trial Balance Job Costs Journal Ledger Mfg Gross Profit Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Marcelino Compar the month of April. Dates: Mar 31 to: Apr 30 0 0 Gross profit