Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4

Requlred Informanon (The fall'mvlng mformm Wes to the quel'ms $5,0th bemw] Marcellno Cafe HEI'Ch 31 Inventory :3er matenals 15 $33M Raw materrals purchases In Apnl are $530,000. and factory payrcll cost In Apnl I5 moon. Duemead may Incurred In Apnl are: Indlrect rnatenals. $58.00!]: Inclrect lather. millilactory rent. WM Tammy utllltlees. MUCH]: and factory equlpment depreclaun. Mom. The medeten'nlned mremead late 15 50% of drre-ct labor com; Jul:- 305 I5 sold for $635310 cash In April. Casts. ufme mree jobs marked on rn Apnl follow. Ealances on March 31. [Enact materials Direct labor Applied overhead costs during, April [Enact materials Direct labor Applied overhead Status. an Jpn-11 3B Problem 19-111. Part 1 Requlltd: 1. Deten'nrnelhe total of each producun cost Incurred for Apnl {clrect labor. cllrect rnatenals. and apled crverhead}. and the total cost assrgned to each job nndudlng me balances 'orn March 31]. Is E Emma-mm} Problem 19-1A Part 2 a. Matenals purchases [on credrt}. b. Dlrect materials used rn oroducnon 1:. Direct labor pald and asslgned to Work In Process Invelm d. IncIrect labor oald and assumed to FactoryI merhead. e. Overhead costs apphed 13:: Work In Process lmentory. f. Acmal overhead costs Incurred. rncludrng Indirect matenals. [Factory rent and utllm'es are oald rn cash] 9. Transfer ofJoh-s 306 and BDTto F1nlshed Goods Inventory. rL Cost of goods sold for Job 306. L Revenue from the sale of Job 306. . Asslg'lmem ofany underapohed or overapplred overhead to the Cost ofGoods Sold account [The arnoLI'It rs not materrau 1 Preparejournal entrres forthe monih of April to reoord Ihe aboue transactlons. \fProblem 19-\". Part 4 4.1 Compute gross prot for Mt E 4.2 Show nnwta present The Inventories enme Apnl 3D balance 5hee1