Secure I https/ Ch 02 P-2-1A Help Save&ExitSubmit; Check my Required information

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Secure I https/ Ch 02 P-2-1A Help Save&ExitSubmit; Check my Required information Problem 2-1A Production costs computed and recorded: reports prepared LO C2, P1, P2, P3, P4 The following informetion applies to the questions displeyed below 1 or 4 Marcelino Co's March 31 inventory of raw materials is $80,000. Raw materialis purchases in April are $540.000 and focsory payroll cost in Apeil is $381,000 Overhead costs incurred in April are: indirect maperials, $52,000 ndirect labor $21000, fectory rent $39,000, fectory vslities, $19.000 and factory equipment depreciation 59.000. The predetermined overheed rate s 50% of direct lebor cost. Job 306 is sold for S695000 cash in April. Costs of the three jobs worked on in April follow $27,000 %43,000 15,009 7,509 Direct saterlais 131,009 220,0 $105,09 ei te esd362, 09154, 09301,9 tatus on April tn process (sole)(unsole) Prey1234 of 4 Next > t 912

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Job 306 Job 307 Job 308 April Total From March    Direct material 27000 42000    Direct labor 23000 15000    Applied overhead 11500 7500 Beginning goods in progress 61500 64500 For April    Direct material 131000 220000 105000 456000    Direct labor 102000 154000 104000 360000    Applied overhead 51000 77000 52000 180000 Total costs added in April 284000 451000 261000 996000 Total Costs (April 30) 345500 515500 261000 996000 Status on April 30 Finished Finished in process (Sold) (Unsold)

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