C | Secure I https:/ew cor connect.htrri Check my work Required information The following information applies to the questions displayed below. Part 4 of 4 Marcelino Co.'s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $530,000, and factory payroll cost in April is $380,000. Overhead costs incurred in April are: indirect materials, $52,000: indirect labor, $27000; factory rent, $33,000, factory utilities, $22,000; and factory equipment depreciation, $58,000. The predetermined overneac rate is 50% of direct labor cost. Job 306 is sold for $640,000 cash in April. Costs of the three jobs worked on in April follow. 10 poirnts 287 8alances n Narch 31 Direct materials Direct labor Applied overhead $ 26,80037,800 11,900 7,888 25,000 12,580 costs during April 215,880 $115,800 Direct materials Direct labor Applied overhead 132,800 181,888 151,880 181,880 status on April 2Finished Finished (unsold) In process (sold) 4.1 Compute gross profit for April. Gross Profnt of9 Next > 3:07 PM O Type here to search 1117/2017