Question: does anyone know how to do these questions??? its mangerial accounting and ITS ALL ONE QUESTION these are the options for the columns on top

Actual factory overhead Depreciation of equipment Direct labor Direct materials used Factory overhead applied Factory rent Factory utilities Indirect labor Indirect materials
Add: Work in process inventory, beginning Add: Work in process inventory, ending Less: Work in process inventory, beginning Less: Work in process inventory, ending


of goods manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Marco Company shows the following costs for three jobs worked on in April.. Additional Information a. Raw Materials Inventory has a March 31 balance of $82,000 b. Raw materials purchases in April are $550,000, and total factory payroll cost in April is $382,000. c. Actual overhead costs incurred in April are indirect materials, $51,000; indirect labor, $24,000; factory rent, $32,000; factory utilities, $22,000; and factory equipment depreciation, $54,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $665,000 cash in April. Problem 15-2A (Algo) Part 4 4. Prepare a schedule of cost of goods manufactured for the month end April 30 . 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Compute gross profit for April. 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Show how the three inventory accounts are reported on the April 30 balance sheet
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
