4 Part 3 of 4 Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 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 $550,000, and factory payroll cost in April is $377000. Overhead costs incurred in Aprilare Indirect materials $55,000: Indirect labor $20,000factory rent, $35,000; factory utilities. $20,000, and factory equipment depreciation, 561,000 The predetermined overhead rate is 50% of direct labor cost Job 306 is sold for $675,000 cash in April Costs of the three Jobs worked on in April follow. 20 pos Boo Balances on March 1 Direct materials Direct labot Applied overhead Coats daring April Direct materials Direct labor Applied overhead status on April 30 Job 306 $31.000 21.000 10,500 135,000 103,000 ? Finished (hold) + 13,000 15,000 7.500 220,000 $120.000 152.000 102,000 + 2 Finished In (old) process References Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY tichedule of Custot Oood Manufactured For More Ended April Total manufacturing cos Talcoot of work in process Coel of good manufactured Next >