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Marcelino Co's March 31 inventory of raw materials is $82,000 Raw materials purchases in April are $550,000, and factory payroll cost in April is $385,000.

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Marcelino Co's March 31 inventory of raw materials is $82,000 Raw materials purchases in April are $550,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are indirect materials, $55,000, indirect labor, $28,000; factory rent, $35,000; factory utilities, $20,000; and factory equipment depreciation, $58,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $685,000 cash in April. Costs of the three Jobs worked on in April follow Job 306 Job 307 JOB 308 Balances on March 31 $ 28,000 $ 35,000 22.000 15,000 Applied overhead 1.000 7,500 Costs during April Direct materials 38,000 200,000 $105,000 103.000 153,000 101,000 Rapplied overhead Finished Statue on April 30 Finished Tuntold Direct materials Direct labor Direct labor 2 In press ( (acid - Prepare a schedule of cost of goods manufactured Required 4A Required 41 Show how to present the inventories on the April 30 Inventories Raw materials Work in process Finished goods Total inventories

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