Required information [The following information applies to the questions displayed below.] Marco Company...

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Accounting

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[The following information applies to the questions displayed below.]

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) $ 31,400 $ 37,400
Direct labor used (in March) 22,400 20,400
Overhead applied (March) 12,400 11,400
Costs during April
Direct materials used 141,000 226,000 $ 106,000
Direct labor used 87,400 156,000 111,000
Overhead applied ?question mark ?question mark ?question mark
Status on April 30 Finished (sold) Finished (unsold) In process

Additional Information

  1. Raw Materials Inventory has a March 31 balance of $82,400.
  2. Raw materials purchases in April are $506,000, and total factory payroll cost in April is $369,000.
  3. Actual overhead costs incurred in April are indirect materials, $51,500; indirect labor, $24,500; factory rent, $33,500; factory utilities, $20,500; and factory equipment depreciation, $52,500.
  4. Predetermined overhead rate is 50% of direct labor cost.
  5. Job 306 is sold for $641,000 cash in April.

Required:

1. Determine the amount of overhead applied to each job in April.

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