Ch 15 Homework 8 Part 3 of 4 Required Information The following information applies to the questions displayed below.] Marcelino Co's March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $500.000, and factory payroll cost in April is $387.000. Overhead costs incurred in April are indirect materials, $55,000: indirect labor, $30,000; factory rent, $30,000; factory utilities, $24.000; and factory equipment depreciation. $57,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $670,000 cash in April. Costs of the three jobs worked on in April follow. 11.11 points Job 386 Job 307 Job 388 eBook $ 25, eee 24.ee 12, een $ 40,00 18, eee 9,88e Pri Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 3e 130, eee 101,880 $12e, ce 105,000 215, Bee 151,000 > Finished (unsold) References Finished (sold) In process 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process 0 Cost of goods manufactured S 0