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

 Required information Problem 2-2A (Algo) Computing and recording job costs; preparing

schedule of cost of goods manufactured LO P1, P2, P3, P4 [The

Required information Problem 2-2A (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. Additional Information a. Raw Materials Inventory has a March 31 balance of $82,000. b. Raw materials purchases in April are $590,000, and total factory payroll cost in April is $386,000. c. Actual overhead costs incurred in April are indirect materials, $57,000; indirect labor, $30,000; factory rent, $32,000; 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 $685,000 cash in April. Problem 2-2A (Algo) Part 1 Required: 1. Determine the amount of overhead applied to each job in April. Required: 1. Determine the amount of overhead applied to each job in April

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