please do not give images format Marco Company shows the following costs for three jobs worked on in April.Job 307.Balances on March 31Direct materials used (in March)Direct labor used (in March)Overhead applied (March)Costs during AprilDirect materials usedDirect labor usedOverhead appliedStatus on April 30Job 306$ 26,00024,00012,000Reg SA136,000104,000Reg 58Finished(sold)Compute toss profit for April.Gross profit$ 44,00015,0007,500215,000154,000>Finished(unsold)Additional Informationa. Raw Materials Inventory has a March 31 balance of $85,000b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $385,000.c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $27,000; factory rent, $34,000,factory utilities, $22,000, and factory equipment depreciation, $56,000.d. Predetermined overhead rate is 50% of direct labor coste. Job 306 is sold for $630,000 cash in April.Complete this question by entering your answers in the tabs below.5-a. Compute gross profit for April5-b. Show how the three inventory accounts are reported on the April 30 balance sheet.Job 308$ 115,000100,000In processReq 5B >

Name: please do not give images format Marco Company shows the following cos
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: please do not give images format Marco Company shows the following costs for three jobs worked on in April.Job 307.Balances on March 31Direct materials used (in March)Direct labor used (in March)Overhead applied (March)Costs during AprilDirect materi