Question: 95 points eBook Ask GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Amidon Company shows the following costs for three jobs
95 points eBook Ask GL0201 (Algo) - Based on Problem 2-2A LO P1, P2, P3, P4 Amidon Company shows the following costs for three jobs worked on in April Balances on March 31 Direct materials (in March) Direct labor (in March) Applied overhead (March) Costs during April Direct materials Direct labor Applied overhead Status on April 30 Additional Information $37,100 18,700 9,350 Job 306 Job 307 Job 30 530,400 21,400 10,700 136,400 87,000 222,100 153,500 $ 100,700 105,700 Finished (sold) Finished (unsold) In process Print References a. Raw Materials Inventory has a March 31 balance of $83,500 b. Raw materials purchases in April are $501,400, and total factory payroll cost in April is $370,700. c. Actual overhead costs incurred in April are indirect materials, $50,700, indirect labor, $23,700; factory rent, $32,700; factory utilities, $19,700, and factory equipment depreciation, $52,400 d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $610,000 cash in A
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