l Conet 18P the work you have completed so far. It does not indicate Required information Problem 15-1A Production costs computed and recorded; reports prepared LO C2, P1, P2, P3, P4 (The following information applies to the questions displayed below Marcelino Co's March 31 inventory of raw materials is $85,000. Raw materials purchases in April are $540,000, and factory payroll cost in April is $363,000. in A $21.000 factory rent, $39.000, factory utilities, $23,000: predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $675,000 cash in April. Costs of the three jobs worked on in April follow 0 Overhead costs incurred in April are: indirect materials, $59,000, indirect labor, and factory equipment depreciation, $55,000. The Balances on March 31 Direct materials Direct labor s 25,000$ 39,800 28,880 18,800 17,000 8,580 Direct materials Direct labor Applied overhead 139,000205,e00 $12e,000 1e0,000 155,000 103,0 Eoaned Fanisned In process (sold)(unsold) Status on April 38 Finished Problem 15-1A Part 4 41 Compute gross profit for April.