Problem A Algo Computing and recording job costs; preparing schedule of cost of goods
manufactured LO P P P P
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 balance of $
b Row materials purchsses in April are $ and total foctory payroll cost in April is $
c Actual overhead costs incurred in April are indirect materials, $; indirect labor, $; factory rent, $;
foctory utilities, $; and factory equipment depreciation, $
d Predetermined overhead rate is of direct labor cost.
e Job is sold for $ cosh in April.
roblem A Algo Part
quired:
Determine the amount of overhead applied to each job in April.