connect ACCOUNTING h 15 Problem(s) Questions 1-4(of Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, The following information applies to the questions displayed below) Marcelino Co.s March 31 Inventory of raw materials is $86,000. Raw materials purchases in April are $540,000, and factory payroll cost in April is $379.000. Overhead costs incurred in April are: Indirect materiais, $52.000; Indirect labor, $22,000; factory rent, $31000: factory uilities, $24,000; and factory equlpment depreciation, $60,000. sold for $650,000 cash In Aprnil Costs of the three jobs worked on in Apri folow The predetermined overhead rate is 50% of direct labor cost. Job 306 is Job 306 Job 307Job 308 Balances on March 31 Direct materials Direct labor Applied overhead $ 26,000 21,000 10,500 S 43,000 16,000 8,000 Costs during Apr Direct materials Direct labor Applied overhead 134,000215,000120,000 151,000 103,000 103,000 Status on April 30 Finished (sold Finished unsold, in process References Section Break Problem 15-1A Production costs computed and recorded, reports prepared LO C2, PL, P2, P3, P4 F2 F3 FS