a. Raw Materials inventory has a March 31 balance of $81,200 b. Raw materials purchases in April are $503,000. and total factory payroll cost in April is $366,000. c. Actual overhead costs incurred in April are indirect materials, $50,750; indirect labor, $23,750; factory rent. $32,750; factory utilities, $19,750; and factory equipment depreciation, $51,750. d. Predetermined overhead rate is 50% of direct labor cost e. Job 306 is sold for $638,000 cash in April. 5-o. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. ( Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Show how the three inventory accounts are reported on the April 30 balance sheet