Marcelino Co.'s March 31 inventory of raw materials is $86,000. Raw materials purchases in April are $600,000, and factory payroll cost in April is $384,000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor, $28,000; factory rent, $39,000; factory utilities, $24,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow.

Required information [The following information applies to the questions displayed below.) Marcelino Co.'s March 31 inventory of raw materials is $86,000. Raw materials purchases in April are $600,000, and factory payroll cost in April is $384,000. Overhead costs incurred in April are: indirect materials, $52,000; indirect labor, $28,000; factory rent. $39,000; factory utilities, $24,000; and factory equipment depreciation, $54,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $655,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 $ 25,000 21,000 10,500 $ 39,000 15,000 7,500 Balances on March 31 Direct materials Direct labor Applied overhead Costs during April Direct materials Direct labor Applied overhead Status on April 30 133,000 102,000 ? Finished (sold) 215,000 150,000 ? Finished (unsold) $115,000 104,000 ? In process Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). Job 306 Job 307 Job 308 April Total From March Direct Materials $ $ Direct Labor 25,000 21,000 10,500 39,000 15,000 7,500 61,500 $ 64,000 36,000 18,000 $ 118,000 $ 56,500 $ $ 0 Applied overhead Beginning goods in process For April Direct Materials 133,000 115,000 215,000 150,000 463,000 356,000 102,000 104,000 Direct Labor Applied overhead Total costs added in April 0 235,000 365,000 219,000 819,000 Total costs (April 30) $ 0 Finished (sold) Finished (unsold) In process Status on April 30 April 30 cost included in