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Required informetion Problem 2.2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2. P3, P4 The following information applies to the questions displayed betow/ Marco Compary shows the following casts tot three jobs worked on in April. Additional Information a. Row Materials inventory has a March 31 balance of $88,000. b. Raw materials purchases in April are $530,000, and total factory payroll costifn Apol is $385.000. c. Actual ovethead costs incirred in Aprit are indirect materials, $54,000, indirect labor, $28,000, factory rent, $33,000, factory utilities, $22.000, and factory equipment depreciation. 555,000 d. Piedetermined overhesd rate is 50% of direct labor cost e. Job 306 is sold for $670.000 casti in Apeil: a. Materials purchases (on credit) b. Direct materials used. c. Direct labor used (and paid in cash) and assigned to Work in Process Inventory d. Indirect materials used and assigned to Factory Overhead. e. Indirect labor used (and paid in cash) and assigned to Factory Overhead f. Overhead costs applied to Work in Process lnventory. 9. Actual other overhead costs incurred (Factory rent and utilities are paid in cash) h. Transfer of Jobs 306 and 307 to Fuished Goods inventory 1. Cost of goods sold for Job 306 . j. Revenue from the sale of 30b306 recehed in cash. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. 3. Prepare joumal entries for the month of April to record the above transactions. Required information