Additional Information

1. Raw Materials Inventory has a March 31 balance of $80,400.
2. Raw materials purchases in April are $501,000, and total factory payroll cost in April is $364,000.
3. Actual overhead costs incurred in April are indirect materials, $50,250; indirect labor, $23,250; factory rent, $32,250; factory utilities, $19,250; and factory equipment depreciation, $51,250.
4. Predetermined overhead rate is 50% of direct labor cost.
5. Job 306 is sold for $636,000 cash in April.