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Acct 202... need help figuring out the gross profit for April
and what the raw materials costs
Required Information [The following information applies to the questions displayed below! Marcelino 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: Indirect materials, $50.000. Indirect labor, $23,000; factory rent. $32,000; factory utilities. $19,000, and factory equipment depreciation, $51,000. The predetermined overhead rate...
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how do i calculate?
Marcelino Co.'s March 31 inventory of raw materials is $86,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $380,000. Overhead costs incurred in April are: indirect materials, $54,000; indirect labor, $20,000; factory rent, $35,000; factory utilities, $23,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $695,000 cash in April. Costs of the three jobs worked on in April...
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4-a. Compute gross profit for April. . Show how to present the
inventories on the April 30 balance sheet
Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $600,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $22,000; factory rent, $33,000; factory utilities, $23,000; and factory equipment depreciation, $57,000. The predetermined...
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4-a. Compute gross profit for April.
4.b. Show how ro present the inventories on the April 30
balance sheet.
Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $383,000. Overhead costs incurred in Aprilare: indirect materials, $60,000; indirect labor, $28,000;...
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Marcelino Co.'s March 31 inventory of raw materials is $90,000 Raw materials purchases in April are $520,000, and factory payroll cost in April is $375,000 Overhead costs incurred in April are indirect materials, $56,000 indirect labor, $22,000, factory rent, $34,000, factory utilities, $22,000, and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job...
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gross profit
gard UF nyloneStar Login FA COMM TEXTBOOK uz Marcelino Co.'s March 31 Inventory of raw materials is $82,000. Raw materials purchases in April are $570,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: Indirect materials, $54,000: Indirect labor, $24,000; factory rent, $39,000; factory utilities, $24,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $685,000 cash in April. Costs of the...
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Chap 15 Homework Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $384,000. Overhead costs incurred in Aprilare: indirect materials, $53,000; indirect labor, $28,000; factory rent, $37.000; factory utilities, $21,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow Job...
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Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $379,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor, $22,000; factory rent, $38,000; factory utilities, $21,000; and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $630,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job...
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One question with 4 parts:
I need all of the journal entries
Required information [The following information applies to the questions displayed below.] Marcelino 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: indirect materials, $50,000, indirect labor, $23,000; factory rent, $32,000; factory utilities, $19,000, and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor...
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mework i Help Save & Exit Su Check my Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $29,000; factorytent, $40,000; factory utilities, $22,000; and factory equipment depreciation,...
Acct 202... need help figuring out the gross profit for April
and what the raw materials costs
Required Information [The following information applies to the questions displayed below! Marcelino 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: Indirect materials, $50.000. Indirect labor, $23,000; factory rent. $32,000; factory utilities. $19,000, and factory equipment depreciation, $51,000. The predetermined overhead rate...
how do i calculate?
Marcelino Co.'s March 31 inventory of raw materials is $86,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $380,000. Overhead costs incurred in April are: indirect materials, $54,000; indirect labor, $20,000; factory rent, $35,000; factory utilities, $23,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $695,000 cash in April. Costs of the three jobs worked on in April...
4-a. Compute gross profit for April. . Show how to present the
inventories on the April 30 balance sheet
Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $600,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $22,000; factory rent, $33,000; factory utilities, $23,000; and factory equipment depreciation, $57,000. The predetermined...
4-a. Compute gross profit for April.
4.b. Show how ro present the inventories on the April 30
balance sheet.
Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $383,000. Overhead costs incurred in Aprilare: indirect materials, $60,000; indirect labor, $28,000;...
Marcelino Co.'s March 31 inventory of raw materials is $90,000 Raw materials purchases in April are $520,000, and factory payroll cost in April is $375,000 Overhead costs incurred in April are indirect materials, $56,000 indirect labor, $22,000, factory rent, $34,000, factory utilities, $22,000, and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job...
gross profit
gard UF nyloneStar Login FA COMM TEXTBOOK uz Marcelino Co.'s March 31 Inventory of raw materials is $82,000. Raw materials purchases in April are $570,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: Indirect materials, $54,000: Indirect labor, $24,000; factory rent, $39,000; factory utilities, $24,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $685,000 cash in April. Costs of the...
Chap 15 Homework Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $384,000. Overhead costs incurred in Aprilare: indirect materials, $53,000; indirect labor, $28,000; factory rent, $37.000; factory utilities, $21,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow Job...
Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $379,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor, $22,000; factory rent, $38,000; factory utilities, $21,000; and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $630,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job...
One question with 4 parts:
I need all of the journal entries
Required information [The following information applies to the questions displayed below.] Marcelino 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: indirect materials, $50,000, indirect labor, $23,000; factory rent, $32,000; factory utilities, $19,000, and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor...
mework i Help Save & Exit Su Check my Required information Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $29,000; factorytent, $40,000; factory utilities, $22,000; and factory equipment depreciation,...