1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31) Job 306 Job 307 Job 308 April Total From March Direct Materials Direct Labor Applied overhead 32,000 23,000 11,500 43,000 17,000 8,500 $ 75,000 40,000 20,000 Beginning goods in process For April 138,000 105,000 210,000 153,000 115,000 103,000 463,000 361,000 Direct Materials Direct Labor Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in 243,000 363,000 218,000 824,000 Finished (sold) Finished (unsold) In process Required information Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 [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 $520,000, and factory payroll cost in April is $387000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor, $26,000; factory rent, $35,000; factory utilities, $19,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $630,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 308 Balances on March 31 Direct materials Direct labor Applied overhead $ 32,000 43,000 17,000 8,500 23,000 11,500 Costs during April Direct materials Direct labor Applied overhead 138,000 105,000 210,000 115,000 103,000 153,000 Finished (sold) Finished (unsold) In Status on April 30 process