Chap 15 Homework Marcelino Co.'s March 31 inventory of raw materials is $88.000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $384.000. Overhead costs incurred in Aprilare: indirect materials, $53,000; indirect labor, $28.000; factory rent, $37.000; factory utilities, $21,000, and factory equipment depreciation, S53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 308 Part of 4 $ 25,000 24,000 12,000 $39,000 17,000 8,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 125 134,000 102.000 $105,000 102.000 points 220,000 152,000 Finished (unsold) Skipped Finished (sold) In process 3. Prepare a schedule of cost of goods manufactured References MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process