Business, 20.09.2019 22:10 Moneyman587

Course hero marcelino co.'s march 31 inventory of raw materials is $83,000. raw materials purchases in april are $530,000, and factory payroll cost in april is $380,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $23,000; factory rent, $31,000; factory utilities, $23,000; and factory equipment depreciation, $51,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $690,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $ 31,000 $ 40,000 direct labor 25,000 16,000 applied overhead 12,500 8,000 costs during april direct materials 130,000 215,000 $ 115,000 direct labor 102,000 153,000 102,000 applied overhead ? ? ? status on april 30 finished (sold) finished (unsold) in process rev: 03_14_2018_qc_cs-121813 4.1 compute gross profit for april.

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Course hero marcelino co.'s march 31 inventory of raw materials is $83,000. raw materials purchases...

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