Marcelino Co's March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $560,000, and factory payroll cost in April is $387,000. Overhead costs incurred in April are: indirect materials, $52,000, indirect labor, $30,000, factory rent, $39,000; factory utilities, $23,000; and factory equipment depreciation, $53,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $640,000 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 Direct labor Applied overhead Costs during April $ 32,000 24,000 12,000 $ 43,000 14,000 7,000 Direct materials Direct labor 140,000 103,000 210,000 151,000 $120,000 Applied overhead 103,000 2 Status on April 38 Finished (sold) Finished (unsold) 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). 1. Determine the total of each production COSE INCUed for Aprirtoirect labor, direct materials, and applied overneau), and the total cost assigned to each job (including the balances from March 31). Job 306 Job 307 From March Direct Materials $ 32,000 $ 43,000 Direct Labor 24,000 14,000 Applied overhead 12,000 7,000 Beginning goods in process For April Direct Materials Direct Labor Applied overhead Total costs added in April Job 308 April Total $ 75,000 38,000 19,000 $ 0 140,000 210,000 120,000 470,000 103,000 151,000 103,000 357,000 0 243,000 Finished (unsold) In process 361,000 223,000 827,000 $ 0 Total costs (April 30) Status on April 30 Finished (sold) April 30 cost included in