Marcelino Co.'s March 31 inventory of raw materials is $85.000 Raw materials purchases in April are $510,000, and factory payroll cost i $29,000, factory rent, $37,000; factory utilities. $23.000: and factory equipment depreciation, $52.000. The predetermined overhead rate is jobs worked on in April follow. n April is $391,000. Overhead costs incurred in April are: indirect materials, $60,000; indirect labor, 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of the three Balances on March 31 Direct materials Direct labor24, 000 Applied overhead s 32,000 39,000 16, 000 8,000 12, 000 Costs during April Direct materials Direct labor Applied overhead Status on April 30 138,000200, 000 $115,00o 105, 000 154,000 103,000 2 Finished Finished In (sold) (unsold) process KPrev5 of 5Next