Marcelino Co.'s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $388,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $28,000; factory rent, $30,000; factory utilities, $22,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $690,000 cash in April. Costs of the three jobs worked on in April follow.

Marcelino Co.'s March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $510,000, and factory payroll cost in April is $388,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $28,000; factory rent, $30,000; factory utilities, $22,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $690,000 cash in April. Costs of the three jobs worked on in April follow. Job 308 Job 306 Job 307 Balances on March 31 Direct materials $ 29,000 38,000 18,000 9,000 Direct labor 23,000 11,500 Applied overhead Costs during April Direct materials $100,000 137,000 210,000 Direct labor 104,000 151,000 105,000 Applied overhead Finished Finished April 30 Status on In process (unsold) (sold) Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31) April Total Job 306 Job 307 Job 308 From March $ 67,000 Direct Materials 29,000 38,000 Direct Labor 23,000 18,000 41,000 Applied overhead 11,500 9,000 20,500 Beginning goods in process For April 128,500 $ 63,500 65,000 210,000 Direct Materials 137,000 100,000 447,000 104,000 360,000 Direct Labor 151,000 105,000 Applied overhead 52,500 52,500 Total costs added in April Total costs (April 30) Status on April 30 April 30 cost included in 241,000 361,000 257,500 859,500 Finished (sold) Finished (unsold) In process