Jones Co's March 31 inventory of raw materials is $90,000. Raw materials purchases in April are $570,000, and factory April is $389,000. Overhead costs factory utilities, $23,000 and factory equipment depreciation, $53 The predetermined overhead rate is 70% of direct labor cost. Job 306 is sold for $680,000 cash in April. Costs of the three jobs worked on in April ollow. payroll cost in d In April are: indirect materials, $91,000; indirect labor, $29,000; factory rent, $63,000; Balances on March 31 Direct naterials Direct labor 33,000 41,000 20,000 14,000 24,000 16,800 costs during April 226,000 $104,000 Direct materials Direct labor Applied overhead Status on April 30 139,000 93,000 160,000 Pinished Finished (unsold) 107,000 In process (sold) Complete this question by entering your answers in the tabs below General Trial Balance Job Costs Cost of Goods Mfg Gross Profit Journal entry worksheet 1 2 3 45 78 13