Help Required information (The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $390,000. Overhead costs incurred in April are: Indirect materials, $57,000; Indirect labor. $27,000, factory rent. $39,000; factory utilities. $20,000; and factory equipment depreciation, $61,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 303 $ 29,000 23,000 11,500 $40,000 17.000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 135,000 10,000 210,000 155,000 $115,000 100.000 Finished (sold) Finished (unsold) process 3. Prepare a schedule of cost of goods manufactured MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 of 10 Next >