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Problem 15-1A Production costs computed and recorded; reports prepared LO P1, P2, P3, P4 [The following information applies to the questions displayed below! Marcelino Co.'s March 31 inventory of raw matenals is $86,000 Raw maten als purchases in April are $590,000, and factory payroll cost in April is $386,000 Overhead costs incurred in Apnl are indirect materials $59.000. Indirect labor, $25,000 factory rent $39.000 factory utilities, $23,000, and factory equipment depreciation, $58.000 The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $640,000 cash in April Costs of the three jobs worked on in April follow Job 38 Job 386 Job 30% $ 30,000 Is 36.000 24,000 10,000 12.000 9.000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 131,00 103,000 210,000 154,000 $110,000 104,000 Finished (sold Finished Cunsold process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials and applied overhead), and the assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total 5 S 36000 5 30 000 24,000 12 000 18.000 9.000 66.000 42.000 21 000 From March Direct Materials Direct Labor Applied overhead Beginning goods in process For April Direct Materials Direct Labor Applied arhood Total costs added in April 131.000 103,000 210.000 154 000 110.000 104000 451 000 361.000 Total costs April 30 Status on April 30 un rad Finished sold Finished unsold in process Required information 5 $ 30.000 24.000 12.000 36.000 18,000 5 66 000 42.000 21.000 9.000 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 451.000 131,000 103,000 210 000 154,000 110.000 104.000 361.000 Total costs (April 30) Finished (sold) Finished (unsold) In process Status on April 30 Apr 30 cost included in