Marcelino Co.'s March 31 inventory of raw materials is $87,000. Raw materials purchases in April are $600,000, and factory payroll cost in April is $376,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $20,000; factory rent, $39,000; factory utilities, $23,000; and factory equipment depreciation, $60,000. 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
Balances on March 31
Direct materials		$	30,000			$	45,000
Direct labor			22,000				15,000
Applied overhead			11,000				7,500
Costs during April
Direct materials			140,000				215,000			$	120,000
Direct labor			102,000				152,000				102,000
Applied overhead			?				?				?
Status on April 30	Finished (sold)				Finished (unsold)					In process

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 $ 475,000 Direct labor used 356,000 Factory overhead applied 178,000 Total manufacturing costs 1,009,000 Add: Work in process March 31 130,500 Total cost of work in process 1,139,500 Less: Work in process April 30 Cost of goods manufactured $ 1,139,500