Question: please help me with the computations ng 150 Final Required information The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory

ng 150 Final Required information The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $86,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $378,000. Overhead costs incurred in April are: indirect materials. $54.000 indirect labor, $22,000, factory rent, $36,000; factory utilities, $24,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in Follow $ 27.000 23,000 11,500 Balances on a Dieet waterina Direct labor Applied overhead Corts during April Direct material Direct labor Applied overhead status on April 10 Job $ 37.000 13,000 6.500 210,000 153,000 135.000 102.000 $110,000 101,000 Pisihed (old) Finished (old) proces a. Materials purchases (on credit). b. Direct materials used in production c. Direct labor paid and assigned to Work in Process Inventory d. Indirect labor paid and assigned to Factory Overhead e. Overhead costs applied to Work in Process Inventory t. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash) 9. Transfer of Jobs 306 and 307 to Finished Goods Inventory h. Cost of goods sold for Job 306, I. Revenue from the sale of Job 306 J. Assignment of any underapplied or overapplied overhead to the cost of Goods Sold account. (The amount is not material.) 2. Prepare journal entries for the month of April to record the above transactions 2. Prepare journal entries for the month of April to record the above transactions. View ansaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 a Raw materials inventory Accounts payable 2 b Work in process inventory Raw materials inventory 3 C. Work in process inventory Cash 4 d. Factory overhead Cash ON Factory overhead Work in process inventory - 6 (1) Work in process inventory Raw materials inventory f[2). Utilities expense
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