0 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 $379,000. Overhead costs incurred in April are: Indirect materials, $55,000; indirect labor, $23,000; factory rent, $31,000; 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 $670,000 cash in April. Costs of the three jobs worked on in April follow. Job 386 Job 307 Job 388 Balances on March 31 Direct materials $ 26,000 $ 38,000 Direct labor 22,000 16,000 Applied overhead 11,900 8,000 Costs during April Direct materials 140,000 215,000 $115,000 Direct labor 102,000 151,000 103,000 Applied overhead 2 Status on April 30 Finished Finished In (sold) Cunsold) process 7 7 3. Prepare a schedule of cost of goods manufactured