Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 27,000 Direct labor 21,000 Applied overhead 10,500 $ 41,000 17,000 8,500 Costs during April Direct materials 140,000 205,000 $115,000 Direct labor 105,000 154,000 104,000 Applied overhead Finished Finished In Status on April 30 (sold) (unsold) process 4-a. Compute gross profit for April. 4-b. Show how to present the inventories on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Required 4A Required 4B Compute gross profit for April. Gross profit