Problem $2-2$A $($Ago$)$ Computing and recording job costs; preparing schedule of cost of goods menulactured LO P$1,$ P$2,$ P$3,$ P$4$

The following information applies to the questions disployed balow$]$

Marco Company shows the following costs for three jobs worked on in ApriL

$\backslash$table$[[$Galances on March si$],[$oirnet nterials used $($in varch$),897,880,843,009,],[$Girect Labor used $($In March$),28,060,26,008,],[$Costs during April$],[],[$Direct nuterials used,$155,080,240,009,3128,000],[$Girect istor used,$93,680,170,098,125,000],[$dwerhead applied,?,?,$],[$Status on April $30,\backslash$table$[[$Finimed$],[($gold$)]],\backslash$table$[[$minshed$],[($unsold$)]],$procerses$]]$

Additional Information

a$.$ Raw Materials Imentory has a March $31$ balance of $$98,000.$

b$.$ Raw materials purchases in April are $$520000,$ and total factory payoll cost in April is $$9$a$0,000.$

c$.$ Actual overhead costs incurred in April are indirect materials, $$55000$; indirect labor, $$28,000$; factory rent, $ factory utilities, $$24,000,$ and factory ervipment deprecation $$56,000.$

d$.$ Predetermined owerhead rate is $505$ of difect lator cost.

c$.$ Job $306$ is sold for $$655,000$ cash in April.

Problem $2-2$A $($Algo$)$ Part $3$

a$.$ Materials purchases $($on cred it$).$

b$.$ Diect materials used.

c$.$ Direct labor used fand paid in cashl and assigned to Work in Process Irventery:

d$.$ indirect materials used and assigned to Factery Owithead.

e$.$ Indirect laber used $($and paid n ashy and assigned we fietory Overhead.

t$.$ Overhead costs applied to Wor in Process liventery

$9.$ Actual other overhed cosis intured $($f fectery rent and wilitics are paid in cash$)$

h$.$ Transfer of Jobs $306$ and $307$ io fillished Godis liventery.

L$.$ Cost of goods roid for Job $300.$

Journal entry worksheet