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5 Part 1 of 2 0 Required information Problem 19-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 [The following

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5 Part 1 of 2 0 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 $88,000. Raw materials purchases in April are $570,000, and factory payroll cost in April is $381,000. Overhead costs incurred in April are: Indirect materials, $58,000; indirect labor, $26,000; factory rent, $37,000; factory utilities, $20,000; and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $690.000 cash in April. Costs of the three jobs worked on in April follow oints eBook Job 306 Job 307 Job 308 $ 30,000 23,000 11,500 $39.000 17.000 8,500 Balances on March 31 Direct materiala Direct labor Applied overhead Coata during April Direct materials Direct labor Applied overhead Status on April 30 140,000 100,000 215,000 154,000 $100,000 101,000 Pinished (hold) Finished (unsold) In process Problem 19-1A Part 1 Required: Problem 19-1A Part 1 Part 1 of 2 Required: 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). 10 points Job 306 Job 307 Job 308 April Total eBook $ $ 30,000 23.000 11.500 64,500 39.000 17,000 8.500 64,500 $ 69,000 40,000 20,000 $ 120.000 $ 5 $ 0 From March Direct Materials Direct Labor Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in 215,000 140,000 100.000 100,000 101.000 154,000 455,000 365,000 0 810,000 0 240,000 369,000 201.000 $ Finished (old) Finished unsold) proces

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