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Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 $ 35,000 Balances on March 31

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Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 $ 35,000 Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March): Costs during April Direct materials Direct labor Applied overhead $ 29,000 20,000 10,000 18,000 9,000 135,000 85,000 7 220,000 150,000 ? $ 100,000 105,000 7 Status on April 30 Finished (sold) Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. es c. Actual 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. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April. Complete this question by entering your answers in the tabs below. General Gross Profit General Journal Cost of Goods Mfg Trial Balance Job Costs Requirement Ledger Prepare journal entries for the month of April's transactions. View transaction list Tauonal baliabant d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April. Complete this question by entering your answers in the tabs below. Requirement General General Journal Ledger Trial Balance Job Costs Cost of Goods Mfg Prepare journal entries for the month of April's transactions. View transaction list Journal entry worksheet 1 2 3 4 5 6 11 a. Record the purchase of materials (on credit). Note: Enter debits before credits. Date Account Title April 30 Raw materials inventory 7 8 Debit Credit Gross Profit Journal entry worksheet 25 Journal entry worksheet

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