Marcelino Co's March 31 Inventory of raw materials is $80,000, Raw materials purchases in April are $500,000, and factory payroll cost in April is $363,000 Overhead costs incurred in April are: Indirect materials. $50,000: Indirect labor, $23,000; factory rent, $32,000; factory utilitles. $19.000; and factory equipment depreciation. $51.000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 386 Job 307 Job 308 $ 29,000 20,000 10,000 $ 35,000 18,000 9,000 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 135,000 85,000 220,000 150,000 2 Finished (unsold) $100,000 105,000 ? In process Finished (sold) Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mig Gross Profit General Journal tab - Prepare journal entries to record the transactions of Marcelino Company during the month of April. Job Costs tab - Calculate the total cost, and account classification for each job worked on during April Cost of Goods Manufactured tab - Prepare a schedule of cost of goods manufactured for Marcelino Company during the month of April. Gross Profit tab. Calculate the gross profit on the sale of job(s) during April. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Profit Calculate the amount of overhead to be applied to each of the jobs worked on during April. Then, using the drop-downs, indica which account in the ledger should include the job's costs as of April 30. Dates: Mar 31 to: Apr 30 Job 306 Job 307 Job 308 April Total Beginning Work in Process (March costs) Direct materials $ 29,000 $ 35,000 Direct labor 20.000 18,000 Applied overhead 10,000 9,000 Total Beginning Work in Process inventory 59,000 62.000 $ 121 000 $ Costs added in April Direct materials Direct labor Applied overhead Total costs added in Apni 135,000 $ 85,000 220,000 150,000 100,000 105,000 455,000 340,000 Total cost of jobs At the end of April indicate which account should include each job's costs 2. 10,000 9,000 Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 135,000 85,000 220,000 150,000 $100,000 105,000 ? In process Finished (sold) Finished (unsold) eBook Complete this question by entering your answers in the tabs below. Requirement General Journal General Ledger Trial Balance Job Costs Cost of Goods Mfg Gross Pr Select the accounts used in the calculation of gross profit. Enter the amount of gross pro the month of April. Dates: Mar 31 Gross profit