c. Direct labor used (and paid in cash) and assigned to Work in Process Inventory. We have a team dedicated to the design, engineering, production, and installation of your dream store. Marco Company shows the following costs for three jobs worked on in April. Orchard Bins | Produce Euro Tables | Display Table | Social Distancing Products | Banana Displays | Hot Deals | Bakery Displays | Display Carts Computation of production cost incurred in april and total cost assigned to each job Particulars Job 306 Job 307 Job 308 Total From March: Direct material 27000 42000 0 69000 Direct labor 23000 18000 0 41000 Applied overhead (50% of direct labor). Job 306 Job 307 Job 308 $ 26,000 23,000 11,500 $ 42,000 15,000 7,500 Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used. Hello, Stuck in the blank lines, pls help. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in Marco Company shows the following costs for three jobs worked on in April. e. Indirect labor used (and paid in cash) and assigned to Factory Overhead. Marco Rose, a native of Leipzig, came in and restored the swagger Germany's most villainous side seemed to have lost. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The backup GK with ties to the opponent. Lorem ipsum dolor sit amet, consectetur adipiscing elit. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Status on April 30 Finished (sold). Its nicknames, The Duke City and Burque, both reference its 1706 founding by Nuevo Mxico governor Francisco Cuervo y Valds as La Villa de Alburquerque. Albuquerque (/ l b k r k i / AL-b-kur-kee; Spanish: [alukeke]), abbreviated as ABQ, is the most populous city in the U.S. state of New Mexico. The jobs had a cost of $56,800. With an area of 7,617,930 square kilometres (2,941,300 sq mi), Australia is the largest country by area in Oceania and the world's sixth-largest country.Australia is the oldest, flattest, and driest inhabited . b. e. Job 306 is sold for $650,000 cash in April. C. Work in Process is debited. | solutionspile.com answered. 2. MARCO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured $ 0 0 0 5-a. Fus, Donec aliquet. Marco Company shows the following costs for three jobs worked on in April. Direct labor used (in March) 20,000 14,000. 336 Job 33? Marco Company shows the following costs for three jobs worked on in April. Marco Company shows the following costs for three jobs worked on in April. Raw Materials Inventory has a March 31 balance of. b. The Marco Company budgeted overhead at P 255, 000 for the period for Department A, on the basis of a budgeted volume of P 100, 000 direct labor hours. Marco Company shows the following costs for three jobs worked on in April. The following is an abridged list of characters from all three. D. Manufacturing Overhead is debited. Actual overhead costs incurred in April are indirect materials, $51,250; indirect labor, $24,250; factory rent, $33,250; factory utilities, $20,250; and factory equipment depreciation, $52,250. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used in March) $ 32,000 $ 41,000 Direct labor used (in March) 21,000 15,000 Overhead applied (March) 10,500 7,500 Costs during April Direct materials used 138,000 215,000 $ 100,000 Direct labor used 102,000 . Experts are tested by Chegg as specialists in their subject area. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Marco Company shows the following costs for three Jobs worked on in April. Job 306 Job 307 Job 308 $ 29,000 20,000 10,000 $ 35,000 18,000 9,000 Balances on March 31 Direct materials used in March). Pellentesque dapibus efficitur laore, icitur laoreet. Overhead applied (March) 10,000 9,000. Experts are tested by Chegg as specialists in their subject area. Lorem ipsum dolor sit amet, cons, pulvinar tortor nec facilisis. 25,333 $ 39,663 Direct labor used [in March} 21,333 19,663 0verhead. The following activities took place in the work in . Done, or nec facilisis. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. c. Course Hero is not sponsored or endorsed by any college or university. LAFC's First MLS Cup Title Comes With a Genuine Hollywood Ending. Job 306 Job 307 Job 308 $ 27,000 23,000 11,500 $ 42,000 18,000 9,000 Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 215,000. Additional Information a. 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) $ 32,000 $ 41,000 Direct labor used (in March) 24,000 18,000 Overhead applied (March) 12,000 9,000 Costs during April Direct . We review their content and use your feedback to keep the quality high. The overhead applied for Job 306 in April is: = Direct labor cost x 50% = 102,000 x 50% = $51,000 The overhead applied for Job 307: = 153,000 x 50% = $76,500 Balances on March 31. Job 338 Balances on March 31 Direct materials used (in March) 35. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. Answer to 17 Marco Company shows the following costs for three jobs worked on in April. Fusce,
nec facilisis. Nam risus ante, dapibus a molestie consequat, ultrices a, or nec facilisis. d. Predetermined overhead rate is 50% of direct labor cost. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 28,000 $ 43,000 Direct labor used (in March) 22,000 19,000 Overhead applied (March) 11,000 9,500 Costs during April Direct materials used 134,000 205,000 $ 110,000 Direct labor used 102,000 . c. Actual overhead costs incurred in April are indirect materials, \( \$. The top two teams. Raw materials purchases in April are \ ( \$ 570,000 \), and total factory payroll cost in April is \ ( \$ 387,000 \). Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 28,000 $ 43,000 Direct labor used (in March) 22,000 19,000 Overhead applied (March) 11,000 9,500 Costs during April Direct materials used 134,000 205,000 $ 110,000 Direct labor used 102,000 152,000 101,000. Job 306 Job 307 Job 308 Balances on March 31 $ 37,000 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) $ 32,000 24,000 12,000 17,000 8,500 Costs during April Direct materials used Direct labor used 139,000 100,000 210,000 $ 115,000 . Marco Company shows the following costs for three jobs worked on in April. Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 135,000. Marco Company shows the following costs for three jobs worked on in April. c. Job 306 Job 307 Job 308 $ 29,000 20,000 10,000 $ 35,000 18,000 9,000 Balances on March 31 Direct materials used in March). Transcribed image text: Marco Company shows the following costs for three jobs worked on in April. Marco Company shows the following costs for three jobs worked on in April. Additional Information Raw Materials Inventory has a March 31 balance of $83,000. Q1. Marco Company shows the following costs for three jobs worked on in April. Raw materials purchases in April are \( \$ 500,000 \), and total factory payroll cost in April is \( \$ 363,000 \). Cost of Goods Sold is debited. Raw materials purchases in April are $550,000, and total factory payroll cost in April is $377,000. Job 306 Job 307 Job 308 Balances on March 31 $ 26,000 22,000 11,000 $ 36,000 16,000 8,000 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used 134,000 102,000 $ 110,000 100,000 205,000 151,000 . Our produce displays, including orchard bins, banana displays, produce display shelving, refrigerated display, bulk display, produce Euro tables, end caps, dry island tables etc. Successful Delivery Driver applicants must show, or have, the following: Be at least 18 years of age and have at least. Accounting questions and answers. c. Nam
4. The reason for the Spanish Prime Minister's stay, first in Nairobi on 26 October and the following day in Pretoria and Johannesburg, was not to attend the signing of . Applied overhead at the rate of 125% of direct labor cost.f. Answered step-by-step. Raw Materials Inventory has a March 31 balance of \( \$ 80,000 \). Pellentesque dapibus efficitur laoreet. Marco Company shows the following costs for three jobs worked on in April. Direct labor used (in March). Compute gross profit for April. THE MARCO COMPANY Call us at: 1-800-356-2848 Hours: Mon - Fri, 8 a.m. - 5 p.m. CT The Marco Company is dedicated to finding the best solution for your grocery and retail needs. A member of the Republican Party, West represented Florida's 22nd congressional district in the United States House of Representatives from 2011 to 2013 and served as the chairman of the Republican Party of Texas from 2020 to 2021.. West was born and raised in Atlanta, Georgia, and began his . a. the loan department of a bank b. the check clearing department of a bank c. A manufacturer of processed cheese food d. A manufacturer of video cassette tapes, When job-order costing is used, the primary focal point of cost accumulation . The Marco Company is your leading supplier of retail displays and social distancing products. Raw materials purchases in April are $590,000, and total factory payroll cost in April is $374,000. Pellentesque dapibus efficitur laoreet. 2003-2022 Chegg Inc. All rights reserved. | answerspile.com The star cameo. Raw materials purchases in April are \( \$ 550,000 \), and total factory payroll cost in April is \( \$ 390.000 \). 3. President Pedro Snchez is back in Madrid after his two-day lightning official trip to Kenya and South Africa, where he wanted to strengthen Spain's economic and commercial ties with two large and important black African nations. State safety requirements, and which presents a professional, hospitable image to Marco's Pizza Guests Prepare journal entries for the month of April to record the above transactions, Explore over 16 million step-by-step answers from our library, s a molestie consequat, ultrices ac magna. Done, ur laoreet. Based on the cost of production by Marco Company, the overhead applied to the jobs are: Job 306 - $51,000 Job 307 - $76,500 Job 308 - $50,000 What are the overheads applied? 3. 5a. Job 306 Job 307 Job 308 $ 27,000 23,000 11,500 $ 42,000 18,000 9,000 Balances on March 31 Direct materials used (in March) Direct labor used (in March) Overhead applied (March) Costs during April Direct materials used Direct labor used . d. Indirect materials used and assigned to Factory Overhead. Raw Materials Inventory has a March 31 balance of $80,000. Additional Information a. 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