Required information [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 30 $ 37,000 28,000 18,000 $ 43,000 26.000 17,000 Balances on March 31 Direct materials used in March) Direct Labor used in March) Overhead applied (March) Coats during April Direct materials used Direct labor used Overhead applied status on April 30 155,000 93,000 240,000 170,000 $ 120,000 125,000 7 Finished (sold) Finished (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $88,000 b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $383.000. c. Actual overhead costs incurred in April are indirect materials, $55,000; indirect labor, $28,000, factory rent $37,000 factory utilities, $24,000; and factory equipment depreciation, $56,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $655,000 cash in April. Required: Save & E Submit Direct materiais red Direct laborted Overhead applied status on April 30 255,000 93.000 240,000 120,000 110,000 135,000 Finished und) In procent Finished polas Additional Information a. Raw Materials Inventory has a March 31 balance of $88,000. b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $383.000, c. Actual overhead costs incurred in April are indirect materials, $55,000 indirect labor, $28,000, factory rent, $37000, factory utilities. $24,000, and factory equipment depreciation, $56,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $655,000 cash in April Required: 1. Determine the amount of overhead applied to each job in April 306 307 300 April Total Predetermined overhead rate Overhead applied