Question: please answer all question Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 [The following information applies to
Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 [The following information applies to the questions displayed below! Marcelino Co S March 31 Inventory of raw materials is $87000Raw materials purchases in April are $600.000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are indirect materials, $57.000 indirect labor, $26.000, factory rent, 530,000 factory utilities $24.000, and factory equipment depreciation, 561000, The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $690,000 cash in April. Costs of the three jobs worked on in Apni follow Job 300 Job 302 Yob 100 5 25,000 22,000 11,000 $ 43,000 16,000 8.000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct lobor Applied werheng Status on April 10 140.000 10,000 215,000 151,00 $110,000 105,000 Finished (sold) Finished (unsold) TA process Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Mouth Ended Agiri 30 Direct laborund 360.000 Direct materials used 465.000 actory overhead applied Total manufacturing costs 825.000 325.000 Total cost of work in proces Less Work in process April 30 Contofonds maha 5 825 000
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