Question: Problem 192A Algo Computing and recording job costs preparing schedule of cost of goods manufactured LO P1 P2 P3 P4 Skip to question The following

Problem 192A Algo Computing and recording job costs preparing schedule of cost of goods manufactured LO P1 P2 P3 P4 Skip to question 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 31400 37400 Direct labor used in March 22400 20400 Overhead applied March 12400 11400 Costs during April Direct materials used 141000 226000 106000 Direct labor used 87400 156000 111000 Overhead applied question mark question mark question mark Status on April 30 Finished sold Finished unsold In process Additional Information Raw Materials Inventory has a March 31 balance of 82400 Raw materials purchases in April are 506000 and total factory payroll cost in April is 369000 Actual overhead costs incurred in April are indirect materials 51500 indirect labor 24500 factory rent 33500 factory utilities 20500 and factory equipment depreciation 52500 Predetermined overhead rate is 50 of direct labor cost Job 306 is sold for 641000 cash in April Problem 192A Algo Part 2 2 Determine the total cost assigned to each job as of April 30 including the balances from March 31 Heres the best solution from Cheggs library icon Solution Answered by a Accounting expert Highquality solutions 1st step All steps Answer only Calculation of Overhead applied to each job in April Job 306 Job 307 Job 308 Total Direct Labor 87400 156000 111000 354400 Predetermined Overhead Rate 50 50 50 50 Overhead Applied 43700 78000 55500 177200 Was this so left

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