Problem 19-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods ...

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Accounting

Problem 19-2A (Algo) Computing and recording job costs; preparing schedule of cost of goods
manufactured LO P1, P2, P3, P4
[The following informotion opplies to the questions disployed below.]
Marco Company shows the following costs for three jobs worked on in April.
Additional Information
. Row Materials Inventory has a March 31 balance of $86,800.
b. Row materials purchsses in April are $517,000, and total foctory payroll cost in April is $380,000.
c. Actual overhead costs incurred in April are indirect materials, $54,250; indirect labor, $27,250; factory rent, $36,250;
foctory utilities, $23,250; and factory equipment depreciation, $55,250.
d. Predetermined overhead rate is 50% of direct labor cost.
e. Job 306 is sold for $652,000 cosh in April.
roblem 19-2A (Algo) Part 1
quired:
Determine the amount of overhead applied to each job in April.
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