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Marcelino Co.s March 31 inventory of raw materials is $85000. Raw materials purchases in April are $580000 and factory payroll cost in April is $385000.

Marcelino Co.s March 31 inventory of raw materials is $85000. Raw materials purchases in April are $580000 and factory payroll cost in April is $385000. Overhead costs incurred in April are: indirect materials 58000, indirect labor..... image text in transcribed
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Part 1 of 4 The following information applies to the questions displayed below Marcelino Co's March 31 inventory of raw materials is $85,000 Raw materials purchases in April are $580,000, and factory payroll cost in April is $385,000. Overhead costs incurred in April are: indirect materials, $58,000; Indirect labor $25,000; factory rent, $39,000, factory utilities, $24,000 and factory equipment depreciation, $56,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $660,000 cash in April. Costs of the three jobs worked on in April follow. 25 points Balances on Narch 31 pBook Print Referenicr Direct materials Direct labor Applied overhead s 27,000EE35,800 18,888 21,880 Costs during April Direct nateriels Direct labor Applied overhead 137,a0e235,e90$115,e00 182,980 880155,030 183,889 inishedFInshec 501d) Kunsold Status on April 1 3 orocess Required: 1. Determine the total of each production cost incurred for Apri(direct labor, direct materials, and applied overhead), and the t ossigned to each job (including the batences from Macch 31)

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