Question: 2 Required Information Problem 2-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 [The following Information applles to the questions


![the questions displayed below] Part 2 of 4 20 points Marcelino Co's](https://s3.amazonaws.com/si.experts.images/answers/2024/09/66d88ab70895e_31866d88ab674eb7.jpg)


2 Required Information Problem 2-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 [The following Information applles to the questions displayed below] Part 2 of 4 20 points Marcelino Co's March 31 Inventory of raw materlals is $80,000. Raw materials purchases In April are $540,000, and factory payroll cost In April is $369,000. Overhead costs Incurred in Aprl are: Indirect materlals, $57,000, Indirect labor, $26,000; factory rent, $38,000, factory utlities, $21,000; and factory equipment depreclation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold or s685,000 cash in Apri. Costs ofthe tree Jobs worked on In April follow eBook Job 306 Job 307 Job 308 30,000 43,000 17,000 8,500 Direct material:s 24,000 12,000 Ask Applied orerhead Costs during April Direct material: 1:2, 000 215,000 110,000 215,000 $110,000 104,000 Print 102,000 152,000 Applied overhead Finie hed Finished In 8tatus on April 30 (sold) References
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
