Required information

Problem $2-2$A $($Algo$)$ Computing and recording job costs; preparing schedule of cost of goods

manufactured LO P$1,$ P$2,$ P$3,$ P$4$

$[$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 $$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.