Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases cost in April is $363,000. Overhead costs incurred in April are: indirect materials, $50,0C $32,000, factory utilities, $19,.000; and factory equipment depreciation, $51,000. The pre labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked or Job 306 Job 307 Job 308 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead $ 29,000 20,000 10,000 $ 35,000 18,000 9,000 135,000 85,000 220,000 150,000 $100,000 105,000 Finished (sold) Finished (unsold) In status on April 30 process Complete this question by entering your answers in the tabs below. View transaction list Journal entry worksheet 3 4 5 6 7 8 ..... 13 a. Record the purchase of materials (on credit). Note: Enter debits before credits. Date Account Title Debit Credit Apr 30 Record entry Clear entry View general journal Beguirement Complete this question by entering your answers in the tabs below. General Journal General Ledger Cost of Goods Mfg Requirement Trial Balance Job Costs Gross Profit Dates: Mar 31 to: Apr 30 General Ledger Account Cash Accounts receivable, net No. Date Debit Credit Balance Debit Credit No. Date Balance Mar 31 450,000 Mar 31 180,000 Raw materials inventory Work in process inventory No. Date Debit Credit Balance No. Date Debit Credit Balance Mar 31 80,000 Mar 31 121,000 Factory Equipment Accumulated depreciation - Factory equipment Credit No. Date Debit Credit Balance No. Date Debit Balance Mar 31 510,000 Mar 31 153,000 Accounts payable Common stock, $5 par value No. Date Debit Credit Credit Balance No. Date Debit Balance Mar 31 45,000 Mar 31 250,000 Paid-in capital in excess of par - Common Retained earnings No. Date Debit Credit Balance No. Date Debit Credit Balance Mar 31 150,000 Mar 31 743,000 < General Journal Trial Balance> vhich account in the ledger should include the job's costs as of April 30. Dates: Mar 31 to: Job 306 Job 307 Job 308 April Total Beginning Work in Process (March costs) Direct materials 29,000 $ 35,000 18,000 9,000 Direct labor 20,000 Applied overhead 10,000 Total Beginning Work in Process inventory 59,000 62,000 24 121,000 Costs added in April Direct materials $4 135,000 $ 220,000 100,000 455,000 Direct labor 85,000 150,000 105,000 340,000 Applied overhead Total costs added in April 220,000 370,000 205,000 $ 795,000 Total cost of jobs At the end of April, indicate which account should Include each job's costs. < Trial Balance Cost of Goods Mfg > Prey 18 Complete this question by entering your answers in the tabs below. General Journal General Cost of Goods Mfg Requirement Trial Balance Job Costs Gross Profit Ledger Prepare a schedule of cost of goods manufactured for Marcelino Company for the month of April. Dates: Mar 31 to: Apr 30 MARCELINO COMPANY Schedule of 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 18 of 18 Next Applied overhead Finished (sold) Finished In Status on April 30 (unsold) process Complete this question by entering your answers in the tabs below. General Journal General Ledger Cost of Goods Mfg Requirement Trial Balance Job Costs Gross Profit Select the accounts used in the calculation of gross profit. Enter the amount of gross profit for Marcelino Cor the month of April. Dates: Mar 31 to: Apr 30 0. 0. Gross profit < Cost of Goods Mfg Gross Profit> < Prev 18 of 18 Next pre to rearek