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 utilities, $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 307 Job 308 Job 306 Balances on March 31 Direct materials 29,000 35,000 20,000 18,000 Direct labor 9,000 10,000 Applied overhead Costs during April 135,000 220,000 100,000 Direct materials 85,000 150,000 105,000 Direct labor Applied overhead Finished (sold) Finished (unsold) n process Status on April 30