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) $ 31, 000 $ 44, 000 Direct labor used (in March) 22, 000 18,000 Overhead applied (March) 11, 000 9, 000 Costs during April Direct materials used 138, 000 215, 000 $ 120, 000 Direct labor used 100, 000 150, 000 103, 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 $540,000, and total factory payroll cost in April is $376,000. c. Actual overhead costs incurred in April are indirect materials, $55,000; indirect labor, $23,000; factory rent, $30,000; factory utilities, $25,000; and factory equipment depreciation, $55,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $690,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month end April 30. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process

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