Marcelino Co.'s March 31 inventory of raw materials is $81,000. Raw materials purchases in April are $570,000, and factory payroll cost in April is $378,000. Overhead costs incurred in April are: indirect materials, $50,000; indirect labor, $25,000; factory rent, $38,000; factory utilities, $22,000; and factory equipment depreciation, $60,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $665,000 cash in April. Costs of the three jobs worked on in April follow.

	Job 306				Job 307				Job 308
Balances on March 31
Direct materials		$	26,000			$	43,000
Direct labor			23,000				19,000
Applied overhead			11,500				9,500
Costs during April
Direct materials			134,000				215,000			$	120,000
Direct labor			101,000				151,000				101,000
Applied overhead			?				?				?
Status on April 30	Finished (sold)				Finished (unsold)					In process

3. Prepare a schedule of cost of goods manufactured. Answer is not complete. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used Direct labor used Factory overhead applied Total manufacturing costs Add: Work in process March 31 Total cost of work in process $ 69,000 42,000 21,000 132,000 132,000 Cost of goods manufactured $132,000