Question: Please help . .... Required information [The following information applies to the questions displayed below] Marco Company shows the following costs for three jobs worked

Please help . ....

Please help . .... Required information [The following information applies to the

Required information [The following information applies to the questions displayed below] Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 27, 000 $ 42,000 Direct labor used (in March) 23 , 000 18 , 000 Overhead applied (March ) 11 , 500 9, 000 Costs during April Direct materials used 134 , 000 205 , 000 $ 105,000 Direct labor used 105 , 000 151 ,000 102 , 000 Overhead applied Status on April 30 Finished Finished (sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $85,000. b. Raw materials purchases in April are $600,000, and total factory payroll cost in April is $383,000. c. Actual overhead costs incurred in April are indirect materials, $56,000; indirect labor, $25,000; factory rent, $37,000; factory utilities, $20,000; and factory equipment depreciation, $57,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $645.000 cash in April

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