Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $375,000. Overhead costs incurred in April are: indirect materials, $60,000; indirect labor, $21,000; factory rent, $37,000; factory utilities, $20,000; and factory equipment depreciation, $61,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $630,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 30,000 22,000 11,000 $ 44,000 13,000 6,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 139,000 101,000 ? 200,000 151,000 ? Finished (unsold) $105,000 102,000 ? In process Finished (sold) 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured