Marcelino Co.'s March 31 inventory of raw materials is $83,000. Raw materials purchases in April are $520,000, and factory payroll cost in April is $388,000. Overhead costs incurred in April are: indirect materials, $55,000; indirect labor, $30,000; factory rent, $34,000; factory utilities, $23,000; and factory equipment depreciation, $51,000. 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. Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Job 306 Job 307 Job 308 $31,000 $41,000 22,000 13,000 11,000 6,500 133,000 210,000 $110,000 102,000 155,000 ? ? 101,000 ? Finished Finished Status on April 30 In process (sold) (unsold) Applied overhead Prepare journal entries for the month of April to record the following transactions: 1. Materials purchases (on credit). 2. Direct materials used in production. 3. Direct labor paid and assigned to Work in Process Inventory. 4. Indirect labor paid and assigned to Factory Overhead. 5. Overhead costs applied to Work in Process Inventory.