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(Solved): $87,200. b. Raw materials purchases in April are $518,000, and total factory payroll cost in April i ...
$87,200.
b. Raw materials purchases in April are $518,000, and total factory payroll cost in April is $381,000.
c. Actual overhead costs incurred in April are indirect materials, $54,500; indirect labor, $27,500; factory rent, $36,500;
factory utilities, $23,500; and factory equipment depreciation, $55,500.
d. Predetermined overhead rate is 50% of direct labor cost.
e. Job 306 is sold for $653,000 cash in April.
