15 [i ne following information applies to the questions displayed below.) art 2 of 4 Marco Company shows the following costs for three jobs worked on in April Job 386 Job 307 Job 308 Balances on March 31 Direct materials used in March) $ 26,000 $ 41,000 Direct labor used (in March) 25,000 14,000 Overhead applied (March) 12,500 7.000 Costs during April Direct materials used 134,000 220,000 $ 105,000 Direct labor used 104,000 152,000 101,000 Overhead applied 7 ? Finished Status on April 30 Finished (sold) (unsold) In process ints eBook Print Additional Information a. Raw Materials Inventory has a March 31 balance of $87,000. b. Raw materials purchases in April are $520,000, and total factory payroll cost in April is $382,000. c. Actual overhead costs incurred in April are indirect materials, $60,000; indirect labor, $25,000; factory rent. $34,000: factory utilities, $24,000; and factory equipment depreciation $58,000 d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $685,000 cash in April. References 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 Job 308 April Total $ $ 25,000 25,000 12.500 41,000 14,000 7,000 March Direct materials Direct labor Overhead applied Work in process, beginning April Direct materials Direct labor Overhead applied Costs added in April Total costs Status on April 30 April 30 cost included in: 134,000 104,000 220,000 152,000 105,000 101.000 459,000 357,000 Finished (unsold) in process Finished (old)