Check my w 17 Part 4 of 4 Required information [The following information applies to the questions displayed below) Marcelino Co.'s March 31 inventory of raw materials is $90,000 Raw materials purchases in April are $570,000, and factory payroll cost in April is $387,000. Overhead costs incurred in April are indirect materials, $57,000 indirect labor, $28.000; factory rent, $40,000 factory utilities, $21,000, and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $695,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 300 Balances on March 31 Direet materiale $ 31,000 Direct labor 24,000 18,000 Applied overhead 12,000 Costa during April Direct materiale 134,000 200,000 $105,000 Direct labor 102,000 154.000 103,000 Applied overhead Finished Status on April 10 (old) unsold) process 4-a. Compute gross profit for April 4-6. Show how to present the inventories on the April 30 balance sheet. 4-a. Compute gross profit for April 4-6. Show how to present the inventories on the April 30 balance sheet Book Complete this question by entering your answers in the tabs below. Print Required 4 Required 48 Compute gross profit for April Gross prolt Required Required 48 > Required 4A Required 48 > 4-a. Compute gross profit for April. 4-6. Show how to present the inventories on the April 30 balance sheet. Book Complete this question by entering your answers in the tabs below. Print Required 4A Required 48 Show how to present the inventories on the April 30 balance sheet. Inventories Raw materials Work in process Finished goods Total inventories