Question: Problem 15-2A (Static) Computing and recording job costs; preparing scheduie or cost or gooas manufactured LO P1, P2, P3, P4 [The following information applies to

Problem 15-2A (Static) Computing and recording job costs; preparing scheduie or cost or gooas manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayed below] Marco Company shows the following costs for three jobs worked on in April. Additional Information a. Raw Materials Inventory has a March 31 balance of $80,000. b. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. c. Actual overhead costs incurred in April are indirect materials, $50,000, indirect labor, $23,000; factory rent, $32,000; factory utilities, $19,000; and factory equipment depreciation, $51,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $635,000 cash in April. Required: 1. Determine the amount of overhead applied to each job in April
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