Help Required information Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). of 3 Job 306 Job 307 Job 308 April Total 29,000 $ 40,000 13,000 6,500 69,000 36,000 23.000 01:18:14 11,500 18.000 Book From March Direct Materials Direct Labor Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in: 205.000 137,000 102,000 110,000 100,000 452,000 353,000 Ask 151.000 356,000 239,000 805.000 210,000 Finished (old) Finished (unsold) In process MacBook Air Required Information Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 [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 $560,000, and factory payroll cost in April is $382.000. Overhead costs incurred in Aprilare: Indirect materials, $58,000; Indirect labor, $29,000, factory rent, $33,000: factory utilities, $21,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 29,000 23,000 11,500 $ 40,000 13,000 6,500 Balances on March 31 Direet materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 137,000 102,000 205,000 151,000 $110,000 100,000 Finished (sold) Finished (unsold) proces Problem 15-1A Part 1 Required: Not that af Next >