Marcelino Co's March 31 inventory of raw materials is $82,000. Raw materials purchases in April are $560,000, and factory payroll cost in April is $382.000. Overhead costs incurred in Aprill are: Indirect materials $58,000, Indirect labor, $26,000; factory rent. $30,000; factory utilities. $24,000; and factory equipment depreciation, $59,000. 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 30G Job 307 Job 308 Balances on March 31 Direct materiale $ 29,000 3.39,000 Direct labor 23,000 16,000 Applied overhead 11,500 8.000 Conts during April Direct materials 138,000 215,000 5120,000 Direct labor 100,000 155,000 101.000 Applied overhead Vinhed status on April 30 Finished old) unsold) proces 2 2 In Problem 15-1A Part 3 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