Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 29,000 $ 37, 000 Direct labor used (in March) 21, 000 13,000 Overhead applied (March) 10, 500 6,500 Costs during April Direct materials used 134, 000 205, 000 $ 105,000 Direct labor used 101, 000 154,000 100,000 Overhead applied 2 ? ? Status on April 30 Finished Finished (sold) ( unsold) In process Additional Information a. Raw Materials Inventory has a March 31 balance of $82,000. b. Raw materials purchases in April are $500,000, and total factory payroll cost in April is $376,000. c. Actual overhead costs incurred in April are indirect materials, $53,000; indirect labor, $21,000; factory rent, $32,000; factory utilities, $21,000; and factory equipment depreciation, $53,000. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $695,000 cash in April. 2. Determine the total cost assigned to each job as of April 30 (including the balances from March 31). Job 306 Job 307 Job 308 April Total March Direct materials $ 29,000 $ 37,000 Direct labor 21,000 13,000 Overhead applied 10,500 6,500 Work in process, beginning April Direct materials 134,000 205,000 105,000 444,000 Direct labor 101,000 154,000 100,000 355,000