Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 29,400 Direct labor used (in March) Overhead applied (March) 20,400 10,400 $ 35,400 18,400 9,400 Costs during April Direct materials used Direct labor used Overhead applied 136,000 Status on April 30 募 85,400 ? Finished (sold) 221,000 151,000 ? $ 101,000 106,000 ? Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $80,400. b. Raw materials purchases in April are $501,000, and total factory payroll cost in April is $364,000. c. Actual overhead costs incurred in April are indirect materials, $50,250; indirect labor, $23,250; factory rent, $32,250; factory utilities, $19,250; and factory equipment depreciation, $51,250. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $636,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 S < Prev 12 13 of 13 Next > Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 29,400 Direct labor used (in March) Overhead applied (March) 20,400 10,400 $ 35,400 18,400 9,400 Costs during April Direct materials used Direct labor used Overhead applied 136,000 Status on April 30 募 85,400 ? Finished (sold) 221,000 151,000 ? $ 101,000 106,000 ? Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $80,400. b. Raw materials purchases in April are $501,000, and total factory payroll cost in April is $364,000. c. Actual overhead costs incurred in April are indirect materials, $50,250; indirect labor, $23,250; factory rent, $32,250; factory utilities, $19,250; and factory equipment depreciation, $51,250. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $636,000 cash in April. 4. Prepare a schedule of cost of goods manufactured for the month ended April 30. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 S < Prev 12 13 of 13 Next >