Question: Required information Problem 19-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information

Required information Problem 19-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods 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. Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (Match) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 Additional Information Problem 19-2A (Algo) Part 1 Predetermined overhead rate Overhead applied Job 306 306 $ 30,600 21,600 11,600 139,000 86,600 ? Finished (sold) Required: 1. Determine the amount of overhead applied to each job in April. 307 Job 307 a. Raw Materials Inventory has a March 31 balance of $81,600. b. Raw materials purchases in April are $504,000, and total factory payroll cost in April is $367,000. c. Actual overhead costs incurred in April are indirect materials, $51,000; indirect labor, $24,000; factory rent, $33,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $639,000 cash in April. $36,600 19,600 10,600 224,000 154,000 ? Finished (unsold) Job 308 308 $ 104,000 109,000 ? In process April Total
 Required information Problem 19-2A (Algo) Computing and recording job costs; preparing

Required information Problem 19-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods manufactured LO P1, P2, P3, P4 [The following information applies to the questions displayod below] Marco Company shows the following costs for three jobs worked on in April. Additional Information a. Row Materials inventory has a March 31 balance of $81,600. b. Row materials purchases in April are $504,000, and total factory payroll cost in April is $367,000. c. Actual overhead costs incurred in April are indirect materials, $51,000; indirect labor, $24,000; factory rent, $33,000; factory utilities, $20,000; and factory equipment depreciation, $52,000 d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $639,000 cash in April. Problem 19.2A (Algo) Part 1 Required: 1. Determine the amount of overhead applied to each job in April

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