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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) $ 34, 200 $ 40, 200 Direct labor used (in March) 25, 200 23, 200 Overhead applied (March) 14, 200 Costs during April Direct materials used 148,000 233,000 Direct labor used 90, 200 163, 000 000 8IT Overhead applied Status on April 30 Finished Finished ( sold) (unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $85,200. b. Raw materials purchases in April are $513,000, and total factory payroll cost in April is $376,000. c. Actual overhead costs incurred in April are indirect materials, $53,250, indirect labor, $26,250; factory rent, $35,250; factory utilities, $22,250, and factory equipment depreciation, $54,250. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $648,000 cash in April. Problem 2-2A (Algo) Part 2 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31) Job 306 Job 307 Job 308 April Total March Direct materials $ 34,200 $ 40,200 Direct labor 25,200 23,200 Overhead applied 15,200 14,200 Work in process, beginning $ 0 April Direct materials 148,000 233,000 113,000 494,000 Direct labor 90,200 163,000 118,000 371,200 Overhead applied 45, 100 81,500 59,000 185,600 Costs added in April 283,300 477,500 290,000 1,050,800 Total costs Status on April 30 Finished (sold) Finished (unsold) In process April 30 cost included in: Cost of goods sold Finished goods inventory Work in process inventory

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