Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $590,000, and factory payroll cost in April is $380,000. Overhead costs incurred in April are: indirect materials, $53,000; indirect labor, $24,000; factory rent, $36,000; factory utilities, $24,000; and factory equipment depreciation, $55,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $645,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 30,000 Direct labor 22,000 Applied overhead 11,000 $ 37,000 17,000 8,500 Costs during April Direct materials 131,000 200,000 Direct labor Applied overhead Status on April 30 102,000 ? Finished (sold) 151,000 ? Finished $105,000 103,000 ? In (unsold) process Problem 15-1A Part 3 3. Prepare a schedule of cost of goods manufactured. MARCELINO COMPANY Schedule of Cost of Goods Manufactured For Month Ended April 30 Direct materials used Direct labor used Factory overhead applied Total manufacturing costs Add: Work in process April 30 Total cost of work in process Less: Work in process April 30 Cost of goods manufactured 0 0 $ 0