Do Not Give Solution In Image Format And Fast Answering Please Thanks In Advance 5-a. Compute gross profit for April.5-b. Show how the three inventory accounts are reported on the April 30 balance sheet.Complete this question by entering your answers in the tabs below.Req 5AReq 5BShow how the three inventory accounts are reported on the April 30 balance sheet.InventoriesRaw materialsWork in processFinished goodsTotal inventories< Req 5AReq 5B > Marco Company shows the following costs for three jobs worked on in April.Balances on March 31Direct materials used (in March)Direct labor used (in March)Overhead applied (March)Costs during AprilDirect materials usedDirect labor used.Overhead appliedStatus on April 30Job 306Req 5A$ 25,00023,00011,500Req 5B135,000101,000?Finished(sold)Compute gross profit for April.Gross profitJob 307$ 35,00017,0008,500Additional Informationa. Raw Materials Inventory has a March 31 balance of $86,000.b. Raw materials purchases in April are $580,000, and total factory payroll cost in April is $381,000.c. Actual overhead costs incurred in April are indirect materials, $53,000; indirect labor, $23,000; factory rent, $37,000;factory utilities, $21,000; and factory equipment depreciation, $58,000.d. Predetermined overhead rate is 50% of direct labor cost.e. Job 306 is sold for $655,000 cash in April.215,000 $ 110,000153,000104,000?In process?Finished(unsold)5-a. Compute gross profit for April.5-b. Show how the three inventory accounts are reported on the April 30 balance sheet.Complete this question by entering your answers in the tabs below.Job 308

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Description: Do Not Give Solution In Image Format And Fast Answering Please Thanks In Advance 5-a. Compute gross profit for April.5-b. Show how the three inventory accounts are reported on the April 30 balance sheet.Complete this question by entering your answers