am.101. Marco Company shows the following costs for three jobs worked on in April.Balances on March 31Direct materials used (In March)Direct labor used (in March)Overhead applied (March)Costs during AprilDirect Paterials usedDirect labor usedOverhead appliedStatus on April 30Job 306Job 387Job 308$ 32,20023,20013,200$38,20021,20012,200143,00088,200P228,000155,000?$188,000113,000Finished(sold)Finished(unsold)In processAdditional Informationa. Raw Materials Inventory has a March 31 balance of $83,200.b. Raw materials purchases in April are $508,000, and total factory payroll cost in April is $371,000.c. Actual overhead costs incurred in April are indirect materials, $52,000; indirect labor, $25,000; factory rent,$34,000 factory utilities, $21.000, and factory equipment depreciation, $53,000.d. Predetermined overhead rate is 50% af direct labor cost.e. Job 306 is sold for $643,000 cash in April.Problem 15-2A (Algo) Part 55-a. Compute gross profit for April.5-b. Show how the three inventory accounts are reported on the April 30 balance sheet.Complete this question by entering your answers in the tabs below.Reg 5ACompute gross profit for April.Cross proft

Name: am.101. Marco Company shows the following costs for three jobs worked
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: am.101. Marco Company shows the following costs for three jobs worked on in April.Balances on March 31Direct materials used (In March)Direct labor used (in March)Overhead applied (March)Costs during AprilDirect Paterials usedDirect labor usedOverhead