in the previous View p of 4 Check my work Marcelino Co's March 31 inventory of raw materials is $88,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $383,000. Overhead costs incurred in April are: Indirect materials, $58,000; Indirect labor $22,000; factory rent, $32,000, factory utilities, $23,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $630,000 cash in April. Costs of the three jobs worked on in April follow, Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 31,000 $ 37,000 Direct labor 23,000 18,000 Applied overhead 11,500 9,000 Conts during Apel Direct materials 135,000 210,000 5105,000 Direct labor 104,000 154,000 103.000 Appl Led overhead 7 Finished Status on April 30 Finished (sold) (ungold) process 02:5749 2 In Bock 3. Prepare a schedule of cost of goods manufactured Relarences MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used Direct laborused Factory Overhead applied Total manufacturing costs Add: Work in process March 31 Total cost of work in pro Ress: Underapplied overhead 0