Required information (The following information applies to the questions displayed below.) Marcelino Co's March 31 inventory...
[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 $500,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $25,000; factory rent, $34,000, factory utilities, $19,000; and factory equipment depreciation, $60,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of the three...
Required information
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displayed below.]
Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw
materials purchases in April are $560,000, and factory payroll cost
in April is $376,000. Overhead costs incurred in April are:
indirect materials, $55,000; indirect labor, $21,000; factory rent,
$38,000; factory utilities, $24,000; and factory equipment
depreciation, $59,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $640,000 cash in April.
Costs of...
Required information [The following information applies to the questions displayed below.) Marcelino Co's March 31 inventory of raw materials is $89,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $377,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor, $26,000; factory rent, $34,000; factory utilities, $21,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of...
Required information [The following information applies to the questions displayed below. Marcelino Co's March 31 inventory of raw materials is $85,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $25,000; factory rent, $37,000; factory utilities, $24,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of...
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 $520,000, and factory payroll cost in April is $389.000. Overhead costs incurred in April are: indirect materials, $51,000; Indirect labor, $27,000; factory rent, $39,000; factory utilities, $20,000, and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of...
Required information (The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: indirect materials, $57,000; indirect labor, $25,000; factory rent, $37,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of...
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 Aprilare 5580.000 and factory payroll cost in April is $384.000. Overhead costs incurred in April are indirect materials, S53,000, indirect labor, $28.000; factory rent $37000 factory utilities. $21.000, and factory equipment depreciation, $53000. The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $655.000 cash in April Costs of the...
Required information (The following information applies to the questions displayed below) Marcelino Co's March 31 inventory of raw materials is $89,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $377,000. Overhead costs incurred in April are: indirect materials, $51,000; indirect labor, $26,000; factory rent, $34,000; factory utilities, $21,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April . Costs...
Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $386,000. Overhead costs incurred in April are: indirect materials, $54,000; indirect labor, $24,000; factory rent, $34,000; factory utilities, $22,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $675,000 cash in April. Costs of...
Required information
[The following information applies to the questions
displayed below.]
Marcelino Co.'s March 31 inventory of raw materials is $85,000. Raw
materials purchases in April are $580,000, and factory payroll cost
in April is $385,000. Overhead costs incurred in April are:
indirect materials, $59,000; indirect labor, $28,000; factory rent,
$33,000; factory utilities, $21,000; and factory equipment
depreciation, $52,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $635,000 cash in April.
Costs of...