Marcelino Co.'s March 31 inventory of raw materials is $83,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $368,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $25,000; factory rent, $34,000; factory utilities, $25,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $695,000 cash in April. Costs of the three jobs worked on in April follow.

[The following information applies to the questions displayed below. Marcelino Co's March 31 Inventory of raw materlals Is $83,000. Raw materlals purchases In Aprll are $590,000, and factory payroll cost In April Is $368,000. Overhead costs Incurred In April are: Indirect materlals, $59,000; Indirect labor, $25,000; factory rent, $34,000; factory utilities, $25,000; and factory equipment depreciation, $59,000. The predetermined overhead rate is 50% of direct labor cost. Job 3061s sold for $695,000 cash in April. Costs of the three jobs worked on In April follow Job 306 Job 307 Job 308 Balances on March 31 Direct materlals Direct labor Applied overhead $27000 22,000 11,000 $ 43.000 7,000 8,500 Costs during April Direct materlals Direct labor Applied overhead 139,000 101,000 215,000 151,000 $105,000 103,000 Status on April 30 FInished (sold) FInished (unsold) n process