Marcelino Co. March 31 inventory of raw materials is $84,000

Required information [The following information applies to the questions displayed below) Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $560,000, and factory payroll cost in April is $378,000. Overhead costs incurred in April are: indirect materials, $58,000: indirect labor. $21,000; factory rent, $31,000; factory utilities, $21,000; and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow Job 306 Job 307 Job 388 $ 28,000 22,000 11,000 $ 41,000 15,000 7,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 132,000 102,000 205,000 153,000 $105,000 102,000 Finished (sold) Finished (unsold) In process