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Chapter 15 Homework X work Saved Help Save & Exit Sub Check my wor Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw

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Chapter 15 Homework X work Saved Help Save & Exit Sub Check my wor Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $380,000. Overhead costs incurred in April are: indirect materials, $56,000; indirect labor, $21,000; factory rent, $35,000; factory utilities, $24,000; and factory equipment depreciation, $60,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $685,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 308 Balances on March K Prev 6 7 8 of 8Next> 12 F11 F9 Fe r6

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