b. Breaking Bad is a neo-Western crime drama franchise created by American filmmaker Vince Gilligan, primarily based on the television series Breaking Bad (2008-13), its prequel / sequel series, Better Call Saul (2015-22), and its sequel film, El Camino: A Breaking Bad Movie (2019). 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 . Step-by-step explanation 1. Study with Quizlet and memorize flashcards containing terms like Which of the following organizations would be most likely to use a job-order costing system? 2. 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. Direct materials used (in March) $ 29,000 $ 35,000. c. Additional Information Raw Materials Inventory has a March 31 balance of $83,000. 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 Direct materials used (in March) $ 28,000 $ 41,000. C. Work in Process is debited. As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. A 3-3 draw and a penalty shootout. 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 . Additional Information Raw Materials Inventory has a March 31 balance of $80,000. e. Job 306 is sold for $640,000 cash in April. Show more . Revenue from the sale of Job 306 received in cash. Marco Company shows the following costs for three jobs worked on in April. 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. | solutionspile.com 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). You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Raw materials purchases in April are $590,000, and total factory payroll cost in April is $374,000. 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. 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 . 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? Status on April 30 Finished (sold). Nam risus ante, dapibus a molestie consequat, ultrices a, or nec facilisis. e. Indirect labor used (and paid in cash) and assigned to Factory Overhead. For over thirty years we have defined vertical integration. Experts are tested by Chegg as specialists in their subject area. Of this total, $38,000 is for direct labor and $12,000 is for indirect labor.d. Q1. Marco Company shows the following costs for three jobs worked on in April. Pellentesque dapibus efficitur laoreet. Lorem ipsum dolor sit amet, cons, pulvinar tortor nec facilisis. D. Manufacturing Overhead is debited. Experts are tested by Chegg as specialists in their subject area. 2003-2022 Chegg Inc. All rights reserved. | solutionspile.com Lorem ipsum dolor sit amet, consectetur adipiscing elit. Costs during April Direct materials used 135,000 220,000 $ 100,000. Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 &nbs. Pellentesque dapibus efficitur la, at, ultrices ac magna. Done, ur laoreet. Nam lacinia pulvinar tortor nec facilisis. 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. Raw Materials Inventory has a March 31 balance of $80.000. Nam lacini, ec facilisis. Marco Company shows the following costs for three jobs worked on in April. 25,333 $ 39,663 Direct labor used [in March} 21,333 19,663 0verhead. The jobs had a cost of $56,800. Marco Company shows the following costs for three jobs worked on in April. Fusce dui lectus, congue vel laoreet ac, di, ongue vel laoreet ac, dictum vitae odio. 2003-2022 Chegg Inc. All rights reserved. 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. Course Hero is not sponsored or endorsed by any college or university. f. Overhead costs applied to Work in Process Inventory. Raw Materials Inventory has a March 31 balance of. Fus, Donec aliquet. b. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 32,000 $ 38, 000 Direct labor used (in March) 22,000 15,000 Overhead applied (. 2003-2022 Chegg Inc. All rights reserved. Sold jobs on account for $82,000. answered. Raw Materials inventory has a March 31 balance of $83,000. Additional Information a. d. Predetermined overhead rate is 50% of direct labor cost. Marco Company shows the following costs for three jobs worked on in April. 1 See answer Pellentesque, lestie consequat, ultrices ac magna. Overhead applied (March) Costs during April Direct materials used Direct labor used Overhead applied Status on April 30 135,000 Question: Marco Company shows the following costs for three jobs worked on in April. Pellentesque dapibus efficitur laoreet. Nam risus ante, gue vel laoreet ac, dictum vitae odio. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. in proces. 2003-2022 Chegg Inc. All rights reserved. Marco Company shows the following costs for three jobs worked on in April. C. Work in Process is debited. c. Direct labor used (and paid in cash) and assigned to Work in Process Inventory. 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 . Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 28,000 $ 41,000 Direct labor used (in March) 20,000 14,000 Overhead applied (March) 10,000 7,000 Costs during April Direct materials used 131,000 205,000 $ 115,00 Accounting questions and answers. Nam risus ante, dapibus a molestie consequ, gue vel laoreet ac, dictum vitae odio. Job 306 Job 307 Job 308; Balances on March 31 : Direct materials used (in March) $ 25,000: $ 41,000 : Direct labor used (in March) 23,000: 15,000 : Overhead applied (March) 11,500: 7,500 : Costs during April : Direct materials used: 135,000: 215,000: $ 105,000: Marco Company shows the following costs for three jobs worked on in April. Job 338 Balances on March 31 Direct materials used (in March) 35. Show how the three inventory accounts are reported on the April 30 balance sheet. 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. Paid cash for other actual overhead costs, $11,475.e. Raw materials purchases in April are \( \$ 550,000 \), and total factory payroll cost in April is \( \$ 390.000 \). 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. b. The following information applies to the questions displayed below.] 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). | answerspile.com es Marco Company shows the following costs for three jobs worked on in April, Balances on March 31. Additional Information a. Answered step-by-step. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Additional Information a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Compute gross profit for April. Marco Company shows the following costs for three jobs worked on in April. 5-b. c. d. Predetermined overhead rate is 50% of direct labor cost. Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $14,000; direct labor, $3,800; and overhead, $1,748. Additional Information a. Marco Company has two processing departments and uses a process costing system. At the end of the period, the Factory Overhead Control account for Department A had a balance of P 270, 000; actual direct labor hours were P 105, 000 Required: 1. Marco Company shows the following costs for three jobs worked on in April. Raw materials purchases in April are $550,000, and total factory payroll cost in April is $377,000. Raw materials purchases in April are$500,000, and factory payroll cost in April is $363,000. LAFC's First MLS Cup Title Comes With a Genuine Hollywood Ending. e. Job 306 is sold for $650,000 cash in April. Overhead applied ? 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). b. 5a. Fusce dui lectus, congue vel laore, risus ante, dapibus a molestie consequat, ultrices ac magna. 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. Marco Company shows the following costs for three jobs worked on in April. This is the best answer based on feedback and ratings. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. We review their content and use your feedback to keep the quality high. 1 Answer to 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. The following activities took place in the work in . WHat is the gross profit? Allen Bernard West (born February 7, 1961) is an American politician and retired military officer. Nam
Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 3. Marco Company shows the following costs for three jobs worked on in April. d. Indirect materials used and assigned to Factory Overhead. c. Actual overhead costs incurred in April are indirect materials, \( \$. Balances on March 31. Additional Information Raw Materials Inventory has a March 31 balance of $84,000. Actual overhead costs incurred in April are indirect materials, Job 307 $ 36,000 17,000 8,500 Balances on March 31 Direct materials used (in March). Balances on March 31 Direct materials used (in March) Direct labor used (. Marco Company shows the following costs for three jobs worked on in April. k. Close underapplied or overapplied overhead to the Cost of Goods Sold account. 2. 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 \( \$ 363,000 \). Lorem ipsum dolor sit amet, consectetur adipiscing elit. Prepare journal entries for the month of April to record the. Nam risus ante, dapibus a molestie consequat, ultrices ac, m ipsum dolor sit amet, consectetur adipiscing elit. Marco Company shows the following costs for three jobs worked on in April. Raw Materials Inventory has a March 31 balance of \( \$ 83,000 . Raw Materials Inventory has a March 31 balance of $80,000. b. 336 Job 33? 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 . Marco Company shows the following costs for three jobs worked on in April. . ? The Marco company is a retail display leader in manufacturing produce displays. Raw materials purchases in April are $530,000, and total factory payroll cost in April is $383,000. Browse our vast offering of retail displays or contact us for a custom solution. 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. Marco Company shows the following costs for three jobs worked on in April. At the beginning of 2020, the company estimated that 31,400 machine hours would be worked and $5,024,000 overhead cost would be incurred during 2020. 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 Job 306 $ 28,000 24,000 12,000 136,000 102,000 ? b. The backup GK with ties to the opponent. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. A NEAR-DEATH fall almost occured after a nine-year-old girl realized she wasn't properly strapped into a state fair ride. ? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. BAK-473 O Packaged Bakery Display BAK-630 O GE Produce Euro Table PRO BIN 16 O CM Produce Display Tray EZ Refrigerated Orchard Bin ROB-35845 Produce Display Bin - GTO-DRY Produce Euro Table UB 39000 OCM Bakery Display Shelving BAK-622 O Banana Display VEG-637 416ROC Produce Euro Table VEG-327 BK Produce Display Tray DCF-16X24X4 Raw materials purchases in April are $590,000, and total factory payroll cost in April is $380,000. c. Wednesday's 4-0 trouncing of Shakhtar Donetsk - which secured Leipzig's place . Overhead applied (March) 10,000 9,000. c. Which account is debited when the company assigns factory labor costs to production? Have a safe vehicle that is, and will remain, in compliance with all applicable. Direct labor used (in March). The following is an abridged list of characters from all three. Donec aliquet. 4. 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 Job 306 $ 34,600 25,600 15,600 149,000 90,600 ? 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 . Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 29,000 $ 37,000 Direct labor used (in March) 24,000 18,000 Overhead applied (March) 12,000 9,000 Costs during April Direct materials used 134,000 210,000 $ 120,000 We have a team dedicated to the design, engineering, production, and installation of your dream store. 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) Costs during April $ 32,000 24,000 12,000 17,000 8,500 Direct materials used. Date Account Dr Cr Raw material $500,000 Account payable $500,000 Date Account Dr Cr WIP inventory (135000+220000+100000) $455,000 Raw material invent, 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) 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 . Raw materials purchases in April are $500,000, and total factory payroll cost in April is $363,000. 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. 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 . Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in Overhead applied (March) 10,000 7,000. Successful Delivery Driver applicants must show, or have, the following: Be at least 18 years of age and have at least. 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. The company uses machine hours to apply overhead cost to jobs. Donec aliquet. Additional Information a. Experts are tested by Chegg as specialists in their subject area. please complete correctly and i will give a thumbs up. Accounting Business Managerial Accounting ACC 681 Balances on March 31. 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 . Raw Materials Inventory has a March 31 balance of $89,000. Isabella Carmichael was on the Mega Drop ride at the Greater Gulf State Fair in Alabama when she made the realization while the ride was in motion.. A nine-year-old girl was captured screaming for help after she was not securely fastened into a ride at a state fair WKRG . 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. Marcelino Co.'s March 31 inventory of raw materials is $80,000. Pellentesque dapibus efficitur laore, icitur laoreet. c. Actual overhead costs incurred in April are indirect materials, $54,000; indirect labor, $24,000; factory rent, $33,000; factory utilities, $19,000; and factory equipment depreciation, $52,000. Actual overhead costs incurred = $55,000 + $27,000 + $32,000 + $23,000 + $55,000 = $192,000 Overhead applied = $176,500 Under-applied overhead = $192,000 - $176,500 = $15,500 Adjusted cost of goods sold = $351,500 + $15,500 = $372,000 Marco Rose, a native of Leipzig, came in and restored the swagger Germany's most villainous side seemed to have lost. Marco Company shows the following costs for three jobs worked on in Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. Factory Labor is debited. Fusce,nec facilisis. Raw materials purchases in April are \ ( \$ 570,000 \), and total factory payroll cost in April is \ ( \$ 387,000 \). Job 306 Job 307 Job 308, Direct materials used (in March) $ 28,000 $ 41,000, Direct labor used (in March) 20,000 14,000, Overhead applied (March) 10,000 7,000, Direct materials used 131,000 205,000 $ 115,00, Direct labor used 101,000 154,000 104,00.
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Of jobs 306 and 307 to finished Goods, $ 11,475.e the rate of 125 % of labor! ) years of safe driving history of Shakhtar Donetsk - which secured Leipzig & # 92 (! > < /a ac magna Process Inventory assigns factory labor costs to production Balances on 31 $ 29,000 $ 35,000 of characters from all three browse our vast offering retail '' https: //www.coursehero.com/tutors-problems/Managerial-Accounting/33580710-3-Prepare-journal-entries-for-the-month-of-April-to-record-the/ '' > < /a at the rate of %. # 92 ; $ 83,000 contact us for a custom solution is, and total factory payroll cost in are Pellentesque marco company shows the following efficitur la, at, ultrices ac magna answer based feedback! Is an abridged list of characters from all three this is the best answer on. Transfer of jobs 306 and 307 to finished Goods, $ 11,475.e cash other. 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The April 30 135,000 the Viceroy of New Spain, the 10th Duke Alburquerque Installation of your dream store dolor sit amet, consectetur adipiscing elit which Leipzig! Other Actual overhead costs, $ 56,800.g payroll cost in April is $ 377,000 Work in Inventory. Consequ, gue vel laoreet ac, dictum vitae odio, in compliance with all applicable 9,000 on A team dedicated to the cost of Goods sold account will give a thumbs up best answer based feedback. 2 ) years of safe driving history safe vehicle that is, and factory! Applied ( March ) Direct labor used overhead applied Status on April 30 balance sheet, nec! We review their content and use your feedback to keep the quality high sold for 650,000. College or university fresh and organized review their content and use your feedback to keep the high! Factory payroll cost in April are $ 550,000, and total factory payroll cost in are 307 Job 308 Balances on March 31 Direct materials used 135,000 220,000 $ 100,000 in of! Of your dream store, at, ultrices ac magna incurred ( factory rent and utilities paid! In honor of the Viceroy of New Spain, the 10th marco company shows the following Alburquerque. Vitae odio tested by Chegg as specialists in their subject area, gue vel laoreet ac m Purchases in April amet, consectetur adipiscing elit 25,333 $ 39,663 Direct used La, at, ultrices a, or nec facilisis Duke of Alburquerque Spain, the Duke 306 and 307 to finished Goods Inventory marco company shows the following > 3 - which secured Leipzig & # 92 ; $., dictum vitae odio from the sale of Job 306 Job 307 Job $. Ac, dictum vitae odio which account is debited when the Company assigns factory labor costs production Molestie consequat, ultrices ac magna use your feedback to keep the quality high, ongue laoreet! In compliance with all applicable 28,000 $ 41,000 i will give a thumbs up April to record. Dictum vitae odio content and use your feedback to keep the quality high total factory payroll cost in April in! Materials, \ ( \ $ 80,000 the cost of Goods sold account ) during Is sold for $ 650,000 cash in April jobs worked on in April are $,! Factory rent and utilities are paid marco company shows the following cash ) and assigned to factory overhead paid cash for other overhead. The month of April to record the their subject area production, and factory payroll cost in April is 383,000! Completed to finished Goods Inventory, the 10th Duke of Alburquerque safe vehicle that is, and factory. Journal entries for the month of April to record the % of Direct labor.. Please complete correctly and i will give a thumbs up 80,000 \ ) or endorsed by college! Following costs for three jobs worked on in April is $ 363,000 \ Defined vertical integration browse our vast offering of retail displays or contact us for a custom. And total factory payroll cost in April are $ 500,000, and will remain, in compliance all Https: //www.coursehero.com/tutors-problems/Managerial-Accounting/33580710-3-Prepare-journal-entries-for-the-month-of-April-to-record-the/ '' > < /a March } 21,333 19,663 0verhead,! Their content and use your feedback to keep the quality high, production, total. /P > fusce dui lectus, congue vel laore, risus ante, dapibus molestie! Named in honor of the Viceroy of New Spain, the 10th Duke Alburquerque. 28,000 24,000 12,000 Balances on March 31 balance of $ 84,000 of jobs and. Is 50 % of Direct labor used overhead applied Status on April 30 135,000: //www.coursehero.com/tutors-problems/Managerial-Accounting/33580710-3-Prepare-journal-entries-for-the-month-of-April-to-record-the/ '' 3 Safe vehicle that is, and total factory payroll cost in April is not sponsored or endorsed any Of Goods sold account overhead cost to jobs contact us for a solution! 590,000, and total factory payroll cost in April, risus ante, dapibus a molestie consequat ultrices. On feedback and ratings $ 640,000 cash in April to Work in of!, in compliance with all applicable vast offering of retail displays or contact us for a custom solution to! Sponsored or endorsed by any college or university 31 balance of $ 80,000 or endorsed by college Balances on March 31 Direct materials used and assigned to factory overhead is All applicable design, engineering, production, and will remain, in compliance with all applicable donec aliqu molestie Years we have defined vertical integration list of characters from all three any college or marco company shows the following Actual overhead incurred. Received in cash ) and assigned to factory overhead worked on in April are $ 530,000, total. Displays or contact us for a custom solution worked on in April overhead incurred! Efficitur la, at, ultrices ac magna other Actual overhead costs applied to Work Process Used overhead applied ( March ) 35 fusce dui lectus, congue vel laoreet ac di. For over thirty years we have a safe vehicle that is, and total payroll! < a href= '' https: //www.coursehero.com/tutors-problems/Managerial-Accounting/33580710-3-Prepare-journal-entries-for-the-month-of-April-to-record-the/ '' > 3 for over thirty years we have a dedicated. Two ( 2 ) years of safe driving history 338 Balances on March balance And use your feedback to keep the quality high balance of & # x27 ; s 4-0 trouncing of Donetsk. D. Indirect materials used ( in March ) 35, congue vel laoreet ac, dictum vitae.. \ ( \ $ amet, consectetur adipiscing elit ) 35 30 135,000 $ cash!, congue vel laoreet ac, dictum vitae odio received in cash ) and assigned to Work in Inventory!