e https/ pter 15 Marcefno Co\'s March 31 inventory of raw materials is $80.000.

Question

e https/ pter 15 Marcefno Co's March 31 inventory of raw materials is $80.000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $363,000. Overhead costs incurred in April are: $23,000, tectory rent. $32.000; fectory ualities, $19.000 and factory equipment depreciation, $51,000. The indirect materials, $$0,000: indirect lat predetermined overhead rate is 50% of direct jobs worked on in April follow labor cost Job 306 S Sold fr S635000 cash n Apr. Costs ofthe tree 12 Balances on March 31 Direct naterials Direct labor Applied overhead 29,000 28,880 18,880 35,000 18,098 9,6e9 Costs during April Direct materials Direct labor Applied overhead Status on Agril Finished Finished In 3e 135,000 220,0 $100,000 85,808 150,000 185,890 (sold) (unsold) process ferences Problem 15-1A Part 2 s. Materials purchases (on credit b. Direct materials used in production s. Direct lebor paid and assigned to Work in Process Inventory d. Indirect labor paid and assigned to Factory Overhead Overhead costs applied to Work in Process Inventory t. Actual overhead costs incurred, including indirect materials. Factory rent and uninies are paid in cashj g. Transfer of Jobs 306 and 307 to Firished Goods invertory h. Cost of goods sold for Job 306 L Revenue from the sale of Job 306 k Prev 12 Next Type here to search

Explanation / Answer

f2)factory overhead(db)19000
cash(cr)19000

f3) factory overheas(db)51000
acc depreciation-factory equipment(cr)51000

f4)factory overhead)(db)32000
cash(cr)32000

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.