Marcelino Co's March 31 Inventory of raw materials is $86,000. Raw materials purchases in April are $500,000, and fectory payroll cost in April is $380,000. Overheed costs incurred in April are: indirect materials, $55,000: indirect labor, $21,000; factory rent, $38,000: factory utilities, $22,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Balances on March 31 40,000 17000 8,500 S 30,000 Direct materlals Direct labor Applicd overhead 22,000 Costs during April Direct materials Direct labor Applied overhead 131,000 05,000 $105,00O 01,000 205,000 Status on April 30 Finished (sold) Finished (unsol) In process value: 20.00 points Required information 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 Applied overhead 30,000S 22,000 11,000 40,000 17,000 8,500 $70,000 39,000 19,500 Beginning goods in process For April 441,000 359,000 Direct Materials 131,000 205,000 105,000 Direct Labor 105,000 153,000 101,000 Applied overhead Total costs added in April Total costs (April 30) Status on April April 30 cost included in: Finished (sold) Finished (unsold) In process