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2014 Required information The following information applies to the questions displayed below! Marcelino Co's March 31 inventory of raw materials is $80,000 Raw materials purchases

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2014 Required information The following information applies to the questions displayed below! Marcelino Co's March 31 inventory of raw materials is $80,000 Raw materials purchases in April are $500,000, and factory payroll cost in April is $363.000. Overhead costs incurred in April are indirect materials. 550,000Indirect labor $23,000, factory rent. $32,000, factory utilities $19.000, and factory equipment depreciation, $51,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow sed Job 30 Job 307 Job 300 $ 29,000 20,000 $ 35,000 18/ON 9.000 10.000 Balances on March 31 Direct materials Direct labor Applied overhead costs during April Direct materials Direct labor Applied overhead Status on April 30 135,000 85.000 220,000 150.00 $10) 105.000 Finished (sold) Finished (unsoldy In process 3. Prepare a schedule of cost of goods manufactured MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process 0 Cost of goods manufactured $ 0

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